Norfolk County Retirement System, Canton, Mass., is looking to allocate up to $20 million to a U.S. value-added or opportunistic real estate investment vehicle.
Wainwright Investment Counsel, investment consultant to the $1 billion pension fund, is assisting with the search.
Funds that invest in overseas real estate, core or development properties, land or REITs will not be considered.
The RFP is available on Wainwright's website. Registration is required. Proposals are due by 2 p.m. EDT on June 10. A selection date was not disclosed.
Kathleen Kiely-Becchetti, executive director of the pension fund, and Jeff Fabrizio, director of research at Wainwright, could not be immediately reached for additional comment.