Massachusetts Housing Finance Agency Retirement System, Boston, is considering committing $5 million to $10 million to a private equity fund of funds.
Meketa Investment Group, investment consultant to the $207 million pension fund, is assisting with the search.
Respondents must have been in operation for at least five years and have at least $1 billion in total equity capital invested to be considered.
Documents from the retirement system's website show that the pension plan had an allocation of 13% to private equity as of Dec. 31. Its target allocation to the asset class was 10%.
The RFP is on Meketa's website. Proposals are due noon EDT on March 26. A selection date was not disclosed.
Joseph M. Petty, the fund's executive secretary, and Thomas Dunleavy, Meketa, assistant vice president and senior investment analyst, could not be immediately reached for comment.