Two Massachusetts pension funds, Quincy Retirement System (QRS) and the Norfolk County Retirement System (NCRS), have announced they are seeking infrastructure investment managers.
QRS is seeking proposals from managers of core and non-core private market infrastructure strategies as it intends to commit approximately US$6 million. Meketa Investment Group is leading the process.
NCRS is seeking Requests for Proposal (RFP) for an Infrastructure Investment Manager for the possible award of up to US$10 million of total plan assets. The US$820 million pension plan’s investment consultant Wainwright Investment Counsel is leading the search.
RFPs can be viewed here and here. The deadlines for submitting proposals are 24 March and 22 March, respectively.
Both pensions are overseen by the Massachusetts Public Employee Retirement Administration Commission (PERAC), the regulatory and oversight agency for the 104 public pension funds in the Commonwealth.