Specifications include, but are not limited to: The Board Members of the Quincy Retirement System (hereinafter “Board”) are seeking proposals from managers of non-core real estate funds. Only equity strategies will be considered. The Board intends to commit approximately $7 million. Only proposals for experienced managers of closed-end real estate equity funds will be considered. More specifically, the investment proposed should: 1) have a minimum target fund size of $350 million; 2) is well diversified by property type and geography, targeting more than 20 properties; 3) targets a value-add risk profile; 4) only invests in the United States. Secondary and fund-of-funds investments will not be considered. The objective of this Request for Proposal shall be to identify the manager whose expertise will best meet the Board's goals and needs.
