Boston Retirement Board Request for Proposal

Emerging Market Debt

The Boston Retirement System (the “System”) is soliciting proposals from investment management firms to manage an emerging market debt (blended) mandate for the System's $7.9 billion, defined benefit, pension fund. The mandate size is approximately $250 million and may be invested with one or more managers. Current managers are encouraged to submit proposals.

To access the RFP, please visit www.nepc.com/investment-managers.

Proposals must be submitted to BostonSearch@nepc.com by 5:00pm ET on October 21, 2025. Proposals received after the deadline will not be considered.

The Board reserves the right to cancel or reject any or all proposals, in whole or part, in the best interest of the System.

Date published: October 2, 2025

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