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

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).