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Boston pension seeks real estate manager

Mark FortunebyMark Fortune
July 12, 2022
in Investor News, Manager News, Pensions, Real Estate/Infrastructure
Boston pension seeks real estate manager

Boston skyline by dibrova/Envato Elements

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The $6.4 billion Boston Retirement System is soliciting proposals from investment management firms to manage a real estate mandate for the system’s defined benefit pension fund.

The system is seeking to award $150 million in potential real estate commitments across three strategy types: value-add, opportunistic, and debt, according to RFP posted on the website of the public fund’s consultant NEPC.

Proposals must be submitted to BostonSearch@nepc.com . . .

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Mark Fortune

Mark Fortune

Mark Fortune has more than 30 years of experience as a financial writer and editor, with a focus on institutional investment management. He has worked in various editorial roles at organizations that include Institutional Investor, Pageant Media, Markets Group and, most recently, at New York investment management firm Cohen & Steers.

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