Boston City seeks private markets fund managers

The Massachussetts pension wants help with its investment needs.

Boston City Retirement System (BCRS) is soliciting proposals from investment management firms to manage a private markets mandate. The search will target funds focused on secondaries, mezzanine, distressed debt, venture debt and special situation/turnaround strategies. Electronic copies of the RFP and supporting documents should be sent no later than October 31.

The $4 billion US pension has a 22 percent allocation to alternatives including private debt.

Platinum subscribers may click here for BCRS’ full profile, including key contacts, allocation strategy and fund investments.