Danvers (Mass.) Contributory Retirement System is looking to commit about $6 million to an open-end core infrastructure fund.
The $157 million pension fund is seeking a manager that provides an open-end core infrastructure fund with a global focus, according to an RFP posted on the website of investment consultant Segal Marco Advisors, which is assisting with the search.
The RFP does not disclose whether the pension fund currently has an open-end core infrastructure manager or whether the firm is eligible to rebid.
The RFP is available on Segal Marco Advisors' website. Proposals are due at 3 p.m. EDT on April 20. A timeline for a selection was not provided.
Susan M. Little, retirement manager, could not be immediately reached for further information.