Two RFPs Issued - Passive Large Cap Value, Infrastructure

The Cambridge Retirement Board has issued two RFPs for investment managers.

The Cambridge Contributory Retirement Board (“Board”) is considering an allocation to a passive large cap value equity portfolio.  The mandate size for the search will be approximately $80 million. The selected manager(s) must be familiar and comply with Massachusetts General Law, Chapter 32 and Chapter 176 and all applicable investment guidelines administrated by PERAC. Also, the selected firm(s) must be willing to complete supplemental disclosures and certification documents required by PERAC.

Also, the Board is considering an allocation to a core open-end infrastructure (not publicly traded) fund.  The mandate size for the search will be approximately $30 million. The selected manager(s) must be familiar and comply with Massachusetts General Law, Chapter 32 and Chapter 176 and all applicable investment guidelines administrated by PERAC. Also, the selected firm(s) must be willing to complete supplemental disclosures and certification documents required by PERAC.

The proposal submission deadline for both RFPs is 3:00 pm on Monday, April 13, 2015.  For additional information, please go to www.segalrc.com/RFPs/.