Search Description
The Board Members of the Plymouth County Retirement Association (hereinafter “Board”) are seeking proposals from managers of direct private equity strategies, including buyout, growth equity, and venture capital strategies.
The Board intends to commit approximately $10 million each to North American small and middle market buyout private market equity managers. Only proposals from experienced managers of North American direct small and middle market buyout fund private equity strategies will be considered. First time funds, secondary strategies, primary funds of funds, and public equity strategies will not be considered. The objective of this Request for Proposal shall be to identify manager(s) whose expertise will best meet the Board’s goals and needs. The Board reserves the right to reject any and all proposals at its discretion.
The selected manager(s) must have familiarity with, and agree to comply with Massachusetts General Laws, Chapter 32 and Chapter 176, the regulations of the Massachusetts Division of Public Employee Retirement Administration Commission, 840 CMR, and the PERAC Placement Agent Policy. Please see http://www.mass.gov/perac/ for details. All materials submitted in connection with this search may be subject to disclosure consistent with Massachusetts Public Record laws.
All bidders are hereby advised that any proposal selected shall be subject to (1) approval of the Board, (2) a written contract and (3) approval of the engagement by the Massachusetts Public Employee Retirement Administration Commission (PERAC).
Proposals must be received prior to 12:00PM EST on May 23, 2025, via DiligenceVault.
Here is the link for the managers to access via DV: https://app.diligencevault.com/#/login?redirectId=3C0D88B6-3E18-46CE-A9FC-6660C7D05A80