The Trustees of the Building Service 32BJ Pension Fund (hereinafter “Trustees”) are seeking a discretionary private equity manager to commit approximately $50 million per year for an initial five-year period. The manager should have substantial experience managing bespoke portfolios of direct private equity mandates and co‑investments, secondaries, or a combination thereof. The Manager selected will work closely with the General Consultant and Staff and report regularly to Board of Trustees. The Respondent shall serve in a fiduciary capacity and shall acknowledge in writing its fiduciary status, without qualification. In all cases, the Respondent and its representatives shall offer advice that is solely in the interest of the members and beneficiaries of the Plan.
Deadline : September 27, 2021 at 12:00 PM