Mass. Pension Plans Issue RFPs For P.E. Fund Of Funds Managers

Sep 8 2006 | 12:00am ET

The $95 million Woburn Contributory Retirement System is looking for a private equity fund-of-funds manager to handle $5 million, while at the same time the $83 million Watertown Contributory Retirement System is also seeking a private equity fund-of-funds manager to handle a $4 million allocation.

According to the two RFPs, the mandates are intentionally broad and could include early-to-late-stage VC, LBOs, MBOs, mezzanine lending, distressed amongst others on a global basis. Proposals are due Sept. 25.

Wainwright Investment Counsel serves as advisor to the two Massachusetts plans. The RFPs can be downloaded from the firm’s Web site (www.winvcounsel.com).


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...