Boston Retirement System is looking to commit a total of $100 million to diverse private equity funds of funds, co-investment funds and energy/infrastructure funds.
The $6.4 billion system is searching for diverse managers that offer private equity fund of funds, and managers that offer private equity co-investments and energy/infrastructure funds, according to a search notice posted on the website of NEPC, the pension fund's investment consultant, which is assisting in the search.
The reason for the search was not provided.
As of Dec. 31, the pension fund's actual allocation to private equity was 9.9%.
Investment consultant NEPC is assisting. The search notice and accompanying materials are posted on NEPC's website. Proposals will be due by 2 p.m. EDT on Sept. 27, according to the notice. A timeline for selections was not provided.
John F. Kelly, investment analyst, could not be immediately reached for further information.
