Westfield Retirement Board Request for Proposals

The Westfield (MA) Retirement Board is seeking proposals from qualified investment managers to provide active growth-oriented U.S. small cap equity investment management services for the Retirement System’s $330 million investment portfolio. The Board expects to allocate $5-12million to the mandate.

Public Notice
The Westfield Retirement System
Request for Proposals

The Westfield (MA) Retirement Board is seeking proposals from qualified investment managers to provide active growth-oriented U.S. small cap equity investment management services for the Retirement System’s $330 million investment portfolio. The Board expects to allocate $5-12million to the mandate.

All investments made by the 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 16, 2025 at 4:00 PM EDT. Late proposals will not be accepted.

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