Massachusetts Plan Issues Real Estate RFP
The Cambridge Retirement System is accepting proposals from private real estate managers to oversee a roughly $10 million portfolio. According to the RFP, the board will consider both open-ended and closed-ended products for the value-added mandate. Calls to Ellen Philbin, administrator with the $787 million plan, were not returned by press time. Carol Loi, a consultant with Segal Advisors, however, said the board is looking to add an additional manager to its roster in order to
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