Maynard Retirement Board Request for Proposal

The Maynard (MA) Retirement Board (“Board”) is seeking proposals from qualified investment managers to provide Large Cap Core Equity, Small Cap Core Equity and International ex-USA Equity investment management services.

Maynard (MA) Contributory Retirement System

Request for Proposal

Large Cap Core Equity, Small Cap Core Equity & International ex-USA Equity
Investment Manager Services

Notice to Prospective Respondents:

The Maynard (MA) Retirement Board (“Board”) is seeking proposals from qualified investment managers to provide Large Cap Core Equity, Small Cap Core Equity and International ex-USA Equity investment management services for the Retirement System’s investment portfolio.  The fund has approximately $69 million in assets. The amount of this search is $30 million.

The firm must agree to comply with 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 date of release for this RFP is Friday, September 5, 2025. 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. Proposal must be received at the Board prior to Tuesday, October 21, 2025 at 3:00 PM ET. Proposals will not be accepted after the closing date and time.

The RFP is available up to the proposal deadline via email request to Kenneth R. DeMars: maynard.retirement@gmail.com

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Date published: August 12, 2025

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