Boston Retirement Board Request for Proposal

Private Equity

The Boston Retirement System (the “System”) is soliciting proposals from investment management firms to manage a private equity mandate for the System's $8.9 billion, defined benefit, pension fund. The System plans to commit approximately $85 million in total to private equity strategies.

This search will focus exclusively on the following strategies:

  1. Infrastructure/Energy
  2. Diverse Manager Fund of Funds

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

Completed proposals must be submitted to BostonSearch@nepc.comby 5:00pm ET on August 20, 2026. Late submissions 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: August 4, 2026

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