Boston Retirement Board Request for Proposals

The Boston Retirement System (the “System”) is soliciting proposals from investment management firms to manage a private equity

Boston Retirement System
Request for Proposals
Private Equity Secondaries

The Boston Retirement System (the “System”) is soliciting proposals from investment management firms to manage a private equity secondaries mandate for the System's $7.7 billion, defined benefit, pension fund. This search is focused solely on closed-end, secondaries strategies; proposals for other strategies will not be considered. The System plans to allocate approximately $35 million to a private equity secondaries fund.

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

Completed proposals must submitted via email to BostonSearch@nepc.com no later than 3:00pm ET on August 12, 2025. Late submissions will not be considered.

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

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Date published: July 23, 2025

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