Weymouth (Mass.) Retirement System is looking to commit between $5 million and $10 million to closed-end value-added/opportunistic real estate funds.
The $260 million pension fund is seeking proposals from managers of closed-end value-added or opportunistic real estate funds, according to an RFP posted on the website of investment consultant Fiducient Advisors, which is assisting with the search.
The pension fund will not consider core or core-plus funds, the RFP added.
The RFP is available on Fiducient’s website. Proposals are due by 4 p.m. EDT on Oct. 2. A timeline for a selection was not provided.
Edward Masterson, director of the pension fund, could not be immediately reached for further information.