The Watertown (MA) Retirement Board is seeking proposals from qualified investment managers specializing in diversified Core Plus Real Estate investment funds. Only open-end funds will be considered.
- This page, Watertown Retirement Board Request for Proposals, is offered by
- Public Employee Retirement Administration Commission
Watertown Retirement Board Request for Proposals
Public Notice
The Watertown Retirement System
Request for Proposals
The Watertown (MA) Retirement Board is seeking proposals from qualified investment managers specializing in diversified Core Plus Real Estate investment funds. Only open-end funds will be considered. The Watertown Retirement System is a defined benefit plan with approximately $270 million in total assets. The Board is considering making a commitment of $5-8 million and may select more than one manager. Proposed strategies should be diversified by geographical location and sector.
All investments made by the Watertown Retirement Board are subject to the provisions of the 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 selected investment manager(s) must have familiarity and agree to comply with all applicable laws and PERAC regulations. Additional information on applicable laws and investment regulations may be found on PERAC’s website at www.mass.gov/perac.
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.
The RFP is available up to the proposal deadline by visiting https://www.fiducientadvisors.com/client-rfps.
Proposal deadline is Wednesday April 9, 2025 at 4:00 PM ET. Late proposals will not be accepted.