Publications Subscription
|
|
|
|
Awarding Agency
|
|
Agency Name and Address |
Northampton, City of
Retirement Board
240 Main Street, Room 5
Northampton, MA 01060 |
|
Bid Number |
|
|
Contact Information |
|
Name |
David Shipa |
|
Title |
Administrator |
|
Phone |
413-587-1211 |
|
Fax |
|
|
Email Address |
dshipka@northamptonma.gov
Notify email address listed when final publish date assigned. |
Address
(if different from above) |
|
|
Description |
|
The Northampton Retirement Board (NRB) seeks proposals from qualified investment managers for the Northampton Retirement System’s entire balanced portfolio. The total market value of the portfolio was approximately $188 million as of 6/30/25. The selected firm will be responsible for managing a well-diversified allocation that aligns with the investment objectives and risk tolerance of the NRB. Minimum qualifications: The preferred manager should have experience managing accounts in the range of $50,000,000 to $300,000,000, specifically as separately invested balanced portfolios rather than comingled funds. Additionally, the firm must be familiar with and agree to comply with M.G.L. c. 32, as well as the regulations set forth by the Public Employee Retirement Administration Commission (PERAC) under 840 CMR. |
|
Contract Information |
|
Estimated Rate |
|
|
Duration |
|
|
Bid Release Date |
|
|
Bid Release Time |
|
|
Bid Deadline Date |
9/3/25 |
|
Bid Deadline Time |
3:30 P.M. |
|
Additional Information |
To obtain a copy of the Request for Proposals or to make general inquiries regarding the RFP, please email David Shipka, Administrator, at dshipka@northamptonma.gov with the subject line “Investment Manager RFP”. To ensure a fair and equitable evaluation process, and to ensure all prospective bidders receive the same information, we kindly request that all inquiries regarding this RFP be submitted via email. No phone calls please. Proposals are due no later than the deadline to the above agency address c/o David Shipka, Administrator. |
|
View the online copy of this publication.(hyperlink)
|
|
|