Institution: Westfield Retirement Board
Headquarters: Westfield, United States
Allocation to alternatives: 18.4%
The Westfield Retirement Board has issued a request for proposal for private equity managers focused on diversified fund of funds, co-investment, and secondaries opportunities.
The retirement board plans to make commitments of $15-20 million and may commit to more than one manager and / or fund. Eligible managers should have at least five years of private equity experience.
The submission deadline is 31 December 2019 with a decision put forth to the investment committee in early 2020.
As illustrated below, the pension fund has previously committed to fund of funds / co-investment opportunities across diversified sectors.
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