Mass Water Issues $10M Private Real Estate Debt Search

The Massachusetts Water Resources Authority Employees’ Retirement System has issued a private equity secondaries mandate seeking a private, closed-end real estate debt fund into which it will invest up to $10M.

According to the RFP notice posted October 31 by consultant NEPC, to be considered for the search, applicants must be actively raising a qualified fund with a target of at least $200M and a final close date no earlier than March 2025. Preference will also be given to managers that have raised at least one prior fund for the proposed strategy.

Submissions must be submitted no later than 5pm EDT on November 13.

To learn more about the RFP and access the required forms, click here.

For more public pension insights and a comprehensive library of public plan minutes, book a demo of Dakota Marketplace!