The MWRA Employees’ Retirement System
Private Equity – Middle Market Buyout Strategies
Request for Proposals
The Massachusetts Water Resource Authority Employees’ Retirement System (the “System”) is accepting proposals from investment firms to manage a Private Equity Buyout mandate for the System's ~$835 million, defined benefit pension fund. To be considered, candidates must be raising a private closed-end, middle market buyout private equity fund. The System anticipates committing up to $20 million for this mandate. Mega buyout, co-investment only and fund of funds will not be considered.
The Board reserves the right to cancel or reject in whole or part any or all proposals in the best interest of the System.
To access the RFP, please visit the NEPC website at www.nepc.com/institutional/investment-managers/.
Proposals must be submitted to MWRASearch@nepc.com by 5:00 pm EDT, on July 15th, 2026. Proposals received after the deadline will not be considered.
| Date published: | June 26, 2026 |
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