Marlborough (Mass.) Contributory Retirement System is searching for an active domestic small-cap equity manager to run about $25 million.
The $215 million pension fund issued an RFP to comply with the Massachusetts Public Employee Retirement Administration Commission requirement to put services up for bid every seven years, said Mark Bingle, director of the pension fund.
Bingle was unable to provide the name of the current manager, but he said the firm is eligible to rebid.
The RFP is available on the DiligenceVault procurement website. Registration is required. Proposals are due by noon EST on Dec. 23. A timeline for a selection was not provided.
Investment consultant Meketa Investment Group is assisting.
