Plymouth County (Mass.) Retirement Association is reissuing an RFP from 2020 seeking an emerging markets debt manager to run about $15 million.
Meketa Investment Group, investment consultant to the $1.4 billion pension fund, is assisting with the search. Eaton Vance is the current manager.
The search is being conducted because of "the unexpected departures" of three members of the strategy's team, including two co-directors, according to a report from Meketa on the retirement association's website. It could not be learned whether Eaton Vance is invited to rebid.
Respondents must have been in operation for at least three years and have a total of at least $1 billion in assets under management to be considered. Preference will be given to firms that can provide a blended strategy of local and hard currency exposure.
The RFP is available on Meketa's website. Proposals are due by noon EDT on Oct. 8. A selection date was not disclosed.
Peter Manning, director of investments at the pension fund, and Mark McKeown, head of fixed-income research at Meketa, could not be immediately reached for additional information.
