Weymouth (MA) Board Seeks $10M RE Opportunity

The Weymouth Retirement System has issued an RFP for a manager specializing in value-added, opportunistic real estate funds.

The Weymouth, MA-based pension says it is seeking to invest up to $10M is such a strategy and will only consider closed-end funds. Core and core-plus strategies and standalone distressed mandates will not be considered, but the board said it will consider either private real estate investment funds that make direct investments or a fund of funds.

The board added that it expects to make between $5M and $10M in commitments, and depending on the responses it receives, it may allocate its commitments to more than one manager.

According to Dakota data, Fiducient Advisors serves as consultant to the Weymouth Retirement System, which holds $260M in assets.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Dakota

Related Content

Oakland P&F Narrows Down to Six Picks in Core, Core-Plus FI Manager Searches
January 31, 2025

Mass Water Selects RRA, BGO in RE Debt Manager Search, Mulls Asset Mix Changes
January 31, 2025

NMSIC Invests $350M in Alts, Selects PC Manager, Considers 12 Int’l Equity Funds
January 29, 2025

Baltimore Retirement Interviews Meketa, RVK in Alts Consultant Search
January 28, 2025

Medford CRS Initiates $10M US Small Cap Value Search
January 28, 2025

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Weymouth (MA) Board Seeks $10M RE Opportunity

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company