Public Notice Plymouth Retirement System Request for Proposals: High Yield Fixed Income
The Plymouth (MA) Retirement Board is seeking proposals from qualified investment managers to provide active High Yield Fixed Income investments management services for the Retirement System’s $158 Million investment portfolio. The bidder must offer the strategy in a commingled vehicle. The Retirement Board expects to allocate approximately $5-6 Million in total to the mandate.
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 www.fiallc.com/clientrfps
Proposal deadline is Tuesday July 11, 2017 at 4:00 PM EDT. Late proposals will not be accepted.