West Springfield Retirement Board Request for Proposal

The board members of the West Springfield Retirement Board (“Board”) in performing due diligence are currently seeking proposals from Investment Manager services.

West Springfield Retirement Board
Request for Proposal for Investment Management

The West Springfield Retirement Board (WSRB) requests proposals from qualified investment management firms to serve as the investment manager for the West Springfield Retirement System’s entire balanced portfolio with a “well diversified” allocation. The total portfolio market value is approximately $183 Million as of July 31, 2025.

The preferred manager handles accounts between $50,000,000 and $250,000,000 managed as a separately invested (not commingled) balanced portfolio. The firm must agree to comply with Massachusetts G.L. Chapter 32 as amended and 840 CMR 16.00 through 25.00 as administered by PERAC.

The WSRB 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 via email request to Jillian Scavotto: jscavotto@tows.org

Proposal deadline is Thursday, October 23, 2025, at 1:30PM EDT.

Late proposals will not be accepted. 

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Date published: August 18, 2025

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