Public Notice
The Board Members of the Plymouth County Retirement Association (hereinafter “Board”) are seeking proposals from managers of non-core real estate funds. Both equity and debt strategies will be considered.
The Board intends to commit approximately $25 million in total. Only proposals for experienced managers of closed-end real estate debt or equity funds will be considered. More specifically, the investment proposed should: 1) have a minimum target fund size of $350 million; 2) targets a value-add risk profile; 3) only invests in the United States. Secondary and fund-of-funds investments will not be considered. The objective of this Request for Proposal shall be to identify the manager whose expertise will best meet the Board's goals and needs.
The funds shall be managed in compliance with Massachusetts General Laws, Chapter
32 and Chapter 176, the regulations of the Massachusetts Division of Public Employee Retirement Administration Commission, 840 CMR, and the Placement Agent Policy. Please see http://www.mass.gov/perac/ for details. All materials submitted in connection with this search may be subject to disclosure consistent with Massachusetts Public Record laws.
All bidders are hereby advised that any proposal selected shall be subject to (1) approval of the Board, (2) a written contract and (3) approval of the engagement by the Massachusetts Public Employee Retirement Administration Commission (PERAC).
Due date deadline: November 18, 2026 at 12:00pm EST
Dasseti Link:
| Date published: | November 2, 2026 |
|---|