TLDR:
- Quincy Retirement System is seeking proposals from experienced North American private equity managers.
- They are specifically interested in managers focusing on buyout, growth equity, and venture capital strategies.
Quincy Retirement System Issues RFP for Private Equity Managers
Quincy Retirement System has recently issued a request for proposal (RFP) seeking proposals from experienced North American private equity managers. The system is specifically interested in managers that focus on buyout, growth equity, and venture capital strategies. This move indicates the system’s intention to expand its private equity portfolio and potentially diversify its investment strategies.
The RFP highlights the increasing interest of institutional investors in private equity as an asset class, as they seek higher returns and diversification in their portfolios. By specifically targeting North American managers, Quincy Retirement System is looking to tap into the expertise and track record of established managers in the region.
Private equity managers interested in submitting proposals to Quincy Retirement System will need to demonstrate their experience, track record, and alignment with the system’s investment objectives. Successful managers may have the opportunity to secure a mandate from the system and access its capital for investment purposes.
Overall, the issuance of this RFP by Quincy Retirement System is a strategic move to enhance its private equity portfolio and potentially generate attractive returns for its stakeholders. It also reflects the growing trend of institutional investors seeking exposure to alternative investments like private equity to achieve their investment goals.
