Specifications include, but are not limited to: The Retirement Board members (the “Board”) of the Norfolk County Retirement System (the “System”) are seeking Requests for Proposal from investment management firms to manage part of the System’s defined benefit plan assets in a U.S. Active Large Cap Value Equity product. The System’s target active allocation to U.S. Active Large Cap Value equity is approximately 7.0% and the total assets of the System were approximately $1.3 billion as of December 31, 2023 according to the Plan’s custodian. While the precise dollar allocation for this assignment will be determined at the time of funding, we expect the allocation to be approximately $100 million. The Board will consider separately managed accounts and pooled funds only. Mutual funds, passive or enhanced passive investment vehicles will not be considered.
