The Massachusetts Water Resource Authority Employees’ Retirement System (the “System”) is accepting proposals from investment firms to manage a diversified multi strategy hedge fund of funds or diversified multi strategy fund mandate for the System's ~$820 million, defined benefit pension fund. Single strategy funds will not be considered. The System currently has a target of 6% to hedge funds. Only commingled funds will be considered for this mandate.
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 and required forms, please visit the website of NEPC, LLC at www.nepc.com/institutional/investment-managers/.
Proposals must be submitted to MWRASearch@nepc.com by 5:00 pm EDT, on April 17th, 2026. Proposals received after the deadline will not be considered.
| Date published: | March 31, 2026 |
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