Posted on: March 16, 2020
The Boston Water and Sewer Commission (“BWSC”) is soliciting Request for Qualifications (RFQ) from investment management firms to manage a Global Equity ex U.S. mandate for the System's $120 million, defined benefit, pension fund. BWSC may place up to $25 million with the new Global Equity ex U.S. manager(s). In order to be considered, each firm’s Global Equity ex U.S. product must meet the following minimum criteria: 1) Minimum strategy assets under management of at least $750 million, 2) Minimum track record of at least seven years.
If you are interested in participating in the search, please complete the attached form in Appendix I and update eVestment through 4Q 2019 at www.evestment.com. In addition, please provide NEPC with the following information:
- A cover letter indicating your firm’s interest in the search. Please include the vehicle you are proposing for this search and the fee schedule you are proposing for this mandate.
- An email copy of all eVestment information at the firm and product level for the proposed strategy. Please clearly indicate the product type category in which you classify your product.
All Request for Qualifications (RFQ) must be submitted via email to Alex Cohen at firstname.lastname@example.org by 4:00 pm (EDT) on Friday, March 27, 2020. No proposals will be accepted after this deadline. (All data should be updated through December 31, 2019.) The subject line of your e-mail should also include reference to Boston Water and Sewer Commission.
Please follow all directions carefully! Any response that is not completed according to the enclosed instructions will be rejected. Please do not fax your response. Thank you in advance for your participation in this search.