Quincy (Mass.) Contributory Retirement System is looking to commit between $5 million and $10 million to one or two private infrastructure funds.
The $811 million pension fund is seeking proposals from managers of open-end or closed-end private large-cap infrastructure commingled funds, according to an RFP posted on the website of investment consultant Meketa Investment Group, which is assisting with the search.
As of April 30, the pension fund's actual allocation to infrastructure was 1.5%; the target is 2%.
The RFP is available on Meketa Investment Group's website. Proposals are due at noon EDT on Aug. 18. A timeline for a selection was not provided.
Brad Croall, the pension fund's executive director, could not be immediately reached for further information.
