Cambridge Retirement Board Request for Proposal

Open-End Global Diversified Infrastructure

March 25, 2026
Public Notice
Cambridge Retirement Board
Request for Proposals

The Cambridge Retirement Board (“Board”) is conducting a search for an Open-End Global Diversified Infrastructure Fund ("Proposed Product").  The mandate size for the search will be approximately $97 million. The Board has an existing manager managing an open-end infrastructure fund and the search is being conducted per M.G.L Ch. 32, which requires the Board to re-evaluate its existing managers on a periodic basis (required every 7 years).

Individual contracts will be awarded and stated in accordance with M.G.L. Ch. 32 and all applicable investment guidelines administered by the Public Employee Retirement Administration Commission (“PERAC”). The Board reserves the right to reject any and all proposals at its discretion or to select more than one manager and to determine the amount of assets each will manage.  MBE and WBE firms are strongly encouraged to participate in the search.

Proposal must be received prior to 5:00 p.m. EST on April 27, 2026. Proposals will not be accepted after the closing date and time.

To obtain a copy of the RFP please visit https://www.segalmarco.com/about-us/client-rfps

Date published: March 25, 2026

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