The Concord (MA) Retirement Board is seeking proposals from qualified investment managers to provide Core Fixed Income investment management services for the Retirement System’s $246 million investment portfolio. The Board expects to allocate $45-55 million to the mandate. Please note that the Retirement Board is considering only commingled vehicles, given the expected allocation. Separate accounts will not be considered. 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.
