The Northampton Retirement Board (NRB) seeks proposals from qualified investment managers for the Northampton Retirement System’s entire balanced portfolio. The total market value of the portfolio was approximately $188 million as of 6/30/25. The selected firm will be responsible for managing a well-diversified allocation that aligns with the investment objectives and risk tolerance of the NRB. Minimum qualifications: The preferred manager should have experience managing accounts in the range of $50,000,000 to $300,000,000, specifically as separately invested balanced portfolios rather than comingled funds. Additionally, the firm must be familiar with and agree to comply with M.G.L. c. 32, as well as the regulations set forth by the Public Employee Retirement Administration Commission (PERAC) under 840 CMR.
