| Date published: | July 29, 2025 |
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The Concord (MA) Retirement Board is seeking proposals from qualified investment managers to provide Passive Index investment management services.
- This page, Concord Retirement Board Request for Proposals, is offered by
- Public Employee Retirement Administration Commission
Concord Retirement Board Request for Proposals
Public Notice
The Concord Retirement System
Request for Proposals
The Concord (MA) Retirement Board is seeking proposals from qualified investment managers to provide Passive Index investment management services for the Retirement System’s $246 million investment portfolio. The Board is contemplating an allocation of $25-35 million to passive management in: Domestic Equity Large Cap (S&P 500 index) and Small Cap (Russell 2000, S&P SmallCap 600 Index, or equivalent). The Board expects to award both mandates to one manager.
All investments made by the Retirement Board are subject to the provisions of the Massachusetts General Laws, Chapter 32, as amended by Chapter 176 of the Acts of 2011, and the rules and regulations of the Public Employees Retirement Administration Commission (PERAC), 840 CMR. The selected investment manager(s) must have familiarity and agree to comply with all applicable laws and PERAC regulations. Additional information on applicable laws and investment regulations may be found on PERAC’s website at www.mass.gov/perac.
The Board reserves the right to cancel or reject in whole or part any or all proposals in the best interest of the Retirement System.
The RFP is available up to the proposal deadline by visiting https://www.fiducientadvisors.com/client-rfps.
Proposal deadline is Tuesday August 19, 2025 at 4:00 PM EDT. Late proposals will not be accepted.