The Boston Retirement System (the “System”) is soliciting proposals from investment management firms to manage a private debt mandate for the System's $7.2 billion defined benefit, pension fund.
- This page, Boston Retirement Board Request for Proposals, is offered by
- Public Employee Retirement Administration Commission
Boston Retirement Board Request for Proposals
Boston Retirement System
Private Debt
Request for Proposals
The Boston Retirement System (the “System”) is soliciting proposals from investment management firms to manage a private debt mandate for the System's $7.2 billion defined benefit, pension fund. This search will focus on direct lending, niche lending, and credit opportunities funds only. The System plans to commit approximately $100 million to private debt strategies.
To access the RFP, please visit www.nepc.com/investment-managers.
Proposals must be submitted to BostonSearch@nepc.com by 5:00pm ET on Thursday, May 8, 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.