Lexington (Mass.) Contributory Retirement System is searching for a large-cap equity manager to run about $30 million for the $198 million defined benefit plan.
Meketa Investment Group, investment consultant to the plan, is assisting with the search.
To be considered, respondents must have been in operation for at least 20 years and have at least $25 billion in total assets under management.
The RFP is available on Meketa's website. Proposals are due by noon EST on Feb. 1. 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 information.