Lexington (Mass.) Contributory Retirement System is searching for a global tactical asset allocation manager to run about $20 million.
The $197 million pension fund is seeking a firm with at least $1 billion in total assets under management that manages a GTAA strategy with more than $75 million in total capital, according to a search notice posted on the website of investment consultant Meketa Investment Group, which is assisting with the search.
The search notice does not disclose the name of the current GTAA manager or its eligibility to rebid for the services.
The RFP is available on the DiligenceVault purchasing website. Registration is required. Proposals are due at 4 p.m. EST on Feb. 17. A timeline for a selection was not provided.
Michelle Malone, retirement administrator, could not be immediately reached for further information.