Public Notice
The Retirement Board members (the “Board”) of the Falmouth Retirement System (“FRS”) are seeking Requests for Proposal from investment management firms to manage up to 15% of the FRS’s defined benefit plan in a U.S. Passive Core Bond product. The actual dollar allocation will be determined as a percentage of the portfolio and may fluctuate with total portfolio market value by the time the mandate is awarded to the winning bidder. Total assets of the FRS were reported by the custodian to be approximately $252 million as of June 30, 2026; therefore, the FRS expects to award approximately $38 million to the winning bidder. The Board will consider only commingled vehicles.
Please note that there are no assurances that the Board will ultimately commit this amount of capital. Please refer to the Request for Proposal (“RFP”) for additional details.
To obtain a copy of the RFP, please visit the website of Wainwright Investment Counsel, LLC atwww.winvcounsel.com. The Board reserves the right to reject any and all proposals at its discretion.
The selected manager(s) must have familiarity with, and agree to comply with Massachusetts G.L. Chapter 32 and Chapter 176 of the Acts of 2011 and all applicable investment guidelines administered by PERAC.
Proposals are due by 2:00 PM EST on September 21, 2026.
| Date published: | August 25, 2026 |
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