Quincy (Mass.) Contributory Retirement System is looking to commit about $5 million to a North American small- or middle-market private equity manager.
Specifically, the board is seeking a buyout strategy that invests in the equity of North American small- and middle-market companies. First-time funds, funds of funds, co-investment funds and/or public equity-focused strategies will not be considered.
Meketa Investment Group, investment consultant to the $346 million defined benefit plan, is assisting with the search.
The RFP is available on Meketa's website. Proposals are due at noon EDT on May 15. A timetable for a selection was not provided.
Lisa McBirney, the pension fund's executive director, referred questions to Meketa. Todd K. Silverman, principal at Meketa, did not immediately respond to a request for comment.