Belmont (Mass.) Contributory Retirement System will interview seven firms later this week in its search for a domestic all-cap growth manager and core bond manager.
Interviews will be July 29 and 30. A final decision could be made immediately upon finishing interviews or in a meeting in late August.
The size of the new equity portfolio will be $5 million and the funding will come from a rebalancing of assets.
The bond portfolio currently managed by Oppenheimer totals $12 million.
New England Pension Consultants is assisting the $42 million fund.