Quincy Retirement System has issued a request for proposal (RFP) for a private equity manager, signaling the pension fund's intent to expand its alternative investment portfolio.

The RFP outlines the search for a qualified private equity manager to oversee investments aligned with the retirement system's strategic objectives. Details regarding selection criteria, investment focus, and submission requirements are expected to be provided to qualified candidates.

This move reflects ongoing institutional interest in private equity as a means to achieve long-term returns. Quincy Retirement System continues to evaluate opportunities in alternative assets, consistent with trends among public pension funds seeking diversification and higher yield potential.