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Cambridge Retirement Board Request for Proposal

Value-Added Real Estate Managers

The Cambridge Retirement Board (“Board”) is evaluating open / closed-end value-added real estate managers ("Proposed Product") for a potential mandate of up to $30 million.  

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 1:00 p.m. EST on October 19, 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: September 16, 2026

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