Holyoke (Mass.) Contributory Retirement System is searching for an opportunistic credit manager to run about $10 million.
Core-plus, multisector strategies, and/or unconstrained fixed-income strategies will not be considered.
Segal Marco Advisors, investment consultant to the $360 million pension fund, is assisting with the search.
This would be a new allocation for the plan, said Cheryl A. Dugre, executive director of the plan, in an email.
The RFP is available on Segal Marco Advisors' website. Proposals are due by 3 p.m. EDT on May 24. The board expects to select a manager in June or July, Ms. Dugre said.
