Public Notice: The Plymouth Retirement System Request for Proposal
The Plymouth (MA) Retirement Board is seeking proposals from qualified investment managers to provide dedicated Senior Floating Rate Fixed Income investment management services for the Retirement System’s $178 million investment portfolio. The bidder must offer the strategy in a commingled vehicle. The Retirement Board expects to allocate approximately 5% of the portfolio value ($9 Million) in total to the mandate, but reserves the right to change the amount of the award.
All investments made by the Plymouth Retirement Board are subject to the provisions of the Massachusetts General Laws, Chapter 32, as amended by Chapter 176 of the Acts of 2011, and the rules and regulations of the Public Employees Retirement Administration Commission (PERAC), 840 CMR. The selected investment manager(s) must have familiarity and agree to comply with all applicable laws and PERAC regulations.
The Board reserves the right to cancel or reject in whole or part any or all proposals in the best interest of the Retirement System.
The RFP is available up to the proposal deadline by visiting http://www.fiallc.com/resources/client-rfps/
Proposal deadline is Monday March 26, 2018 at 4:00 PM EDT. Late proposals will not be accepted.