The Boston Water and Sewer Commission (“BWSC”) is soliciting Request for Qualifications (RFQ) from investment management firms to manage a Multi-Sector Fixed Income mandate for the System’s $34 million, OPEB trust. BWSC may place up to $3.4 million with the new Multi-Sector Fixed Income manager(s). In order to be considered, each firm’s Multi-Sector Fixed Income product must meet the following minimum criteria: 1) Minimum strategy assets under management of at least $500 million, 2) Minimum track record of at least five years, 3) The product vehicle must be a pooled investment vehicle (mutual or commingled fund).

If you are interested in participating in the search, please complete the attached form in Appendix I and update eVestment through 3Q 2022 at www.evestment.com. In addition, please provide NEPC with the following information:

  1. 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.
  2. 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 [email protected] by 4:00 pm (EDT) on Wednesday, November 23, 2022No proposals will be accepted after this deadline.  (All data should be updated through September 30, 2022.)   The subject line of your e-mail should also include reference to Boston Water and Sewer Commission OPEB Multi-Sector Fixed Income Search.

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.

 

Search Notice

Appendix I