Quincy seeks proposals from fund managers

The US public pension fund intends to support infrastructure investments.

Institution: Quincy Retirement System
Headquarters: Quincy, United States
AUM: $810.05 million
Allocation to infrastructure: 2%

The Quincy Retirement System is seeking proposals from investment managers that manage infrastructure funds diversified across the globe. These funds can be open or close-ended and should mainly focus on the large-cap market.

The board plans to invest $5 million to $10 million in one or two infrastructure funds. To be eligible, fund managers must meet criteria including having a fund size greater than $15 billion and an average asset size exceeding $1 billion.

Firms must have a track record of managing globally diversified strategies and proposals related to public equity, sector-specific strategies or fund of funds will not be considered. The main objective is to find managers whose expertise aligns with the board’s goals and requirements.

The deadline for submitting the proposal is 18 August, 2023.

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