Quincy (Mass.) Contributory Retirement System is looking to allocate about $5 million to managers of direct private equity strategies.
Meketa Investment Group, investment consultant to the $346 million pension plan, is assisting with the search.
The board is looking to commit to up to three North American direct small and middle-market buyout private equity strategies. First-time funds, fund of funds and public equity strategies will not be considered.
The RFP is available on Meketa's website. Proposals are due 12 p.m. EST on Feb. 18. A selection date was not disclosed.
At its Dec. 19 meeting, the board hired Axiom International Investors to manage an international small-cap growth equities strategy. Posted minutes did not disclose how much the system is allocating to the strategy.
Cedar Street Asset Management and Driehaus Capital Management were the other finalists.
Lisa McBirney, executive director of the pension fund, and Todd Silverman, principal at Meketa, could not be immediately reached for comment.
