Massachusetts Port Authority Employees' Retirement System, East Boston, is searching for passive equity managers to run a total of $243 million, as well as a custodian.
Within passive equities, the $800 million pension fund has posted three RFPs for managers to run $160 million in domestic large-cap core, $73 million in international core and $10 million in small cap growth. The RFPs do not disclose the names of current managers or whether they are eligible to rebid.
Passive equity proposals are all due at 4 p.m. EDT on June 30. Selections are scheduled for Sept. 1.
The pension fund has also issued an RFP for a custodian. The RFP, which is also posted on the pension fund's website, does not disclose the name of the current bank or whether it is eligible to rebid. Custodian proposals are due at 4 p.m. EDT on July 14. That selection is also scheduled for Sept. 1.
Investment consultant Wilshire Advisors is assisting.
Irene E. Moran, director of retirement, could not be immediately reached for further information.