Lexington (Mass.) Contributory Retirement System is looking to allocate between $5 million and $10 million to a global closed-end infrastructure fund.
Meketa Investment Group, investment consultant to the $171 million defined benefit plan, is assisting with the search.
Potential funds should have roughly $1 billion to $5 billion in assets under management, and the fund's senior management team should have on average more than 20 years of relevant experience. Interested managers must have at least $100 billion in AUM to be considered.
The RFP is available on Meketa's website. Proposals are due by noon EST on Feb. 3. A selection date was not disclosed.
Marguerite Oliva, the retirement system's administrator, and Thomas Dunleavy, investment analyst at Meketa, could not be immediately reached for additional comment.
