Boston Retirement Board Request for Proposals

The Boston Retirement System (the “System”) is soliciting proposals from investment management firms to manage a real estate mandate for the System's $7.4 billion, defined benefit, pension fund.

Boston Retirement System
Real Estate
Request for Proposals

The Boston Retirement System (the “System”) is soliciting proposals from investment management firms to manage a real estate mandate for the System's $7.4 billion, defined benefit, pension fund. This search will focus on real estate debt, opportunistic, and value-add funds only. The System plans to commit approximately $90 million to real estate 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 Wednesday, June 25, 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.

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