Massachusetts Port Authority Employees' Retirement System, East Boston, is searching for an opportunistic credit manager to run $40 million. The board may select more than one manager.
Wilshire Associates, investment consultant for the $831 million defined benefit plan, is assisting with the search.
Commingled funds, mutual funds and separately managed accounts will be considered, according to the RFP.
The RFP is available on Massachusetts Port Authority's website. Proposals are due by 4 p.m. EDT on June 1. A selection date has not yet been determined.
Irene E. Moran, MPAERS' director of retirement, and Stephen DiGirolamo, managing director at Wilshire, could not be immediately reached for additional information.