North Attleboro (Mass.) Contributory Retirement System is looking to commit a total of $16 million to open-end real estate funds.
The $160 million pension fund issued RFPs for core and core-plus real estate funds at $8 million each due to state requirements to put the services up for bid, said Kevin Condy, director of research at Dahab Associates, the pension fund’s investment consultant, in an email.
Incumbent managers BlackRock and Intercontinental Real Estate are invited to rebid, Mr. Condy said.
The core RFP and core-plus RFP are both available on Dahab's website. Proposals for both searches are due at noon EDT on Aug. 26. Timelines for selections have yet to be determined.
Sharon Sullivan, executive director, referred questions to Dahab.
