The Massachusetts Water Resource Authority Employees’ Retirement System (the “System”) is accepting proposals from investment firms to manage a Private Opportunistic Credit mandate for the System's ~$710 million, defined benefit pension fund.
- This page, MWRA Retirement Board Request for Proposals, is offered by
- Public Employee Retirement Administration Commission
MWRA Retirement Board Request for Proposals
The MWRA Employees’ Retirement System
Private Opportunistic Credit Strategy
Request for Proposals
The Massachusetts Water Resource Authority Employees’ Retirement System (the “System”) is accepting proposals from investment firms to manage a Private Opportunistic Credit mandate for the System's ~$710 million, defined benefit pension fund. To be considered, candidates must be raising a private niche or opportunistic credit drawdown funds only. The System anticipates committing up to $14 million 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, 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 June 11th, 2025.
Proposals received after the deadline will not be considered.