HeadlinesBriefing favicon HeadlinesBriefing.com

Weymouth Retirement Board Seeks Private Equity Co-Investment Managers

PE International •
×

The Weymouth Retirement Board has issued a request for proposals (RFP) seeking private equity co-investment managers to expand its investment strategy. The RFP aims to identify qualified firms capable of managing co-investments alongside existing private equity partnerships. This initiative reflects growing institutional interest in direct co-investment opportunities within the private equity asset class.

The board is evaluating potential partners based on experience, performance track record, and alignment with Weymouth's investment objectives. The RFP process is being managed through Private Equity International's platform, with responses currently under review.

Co-investments allow institutional investors like Weymouth Retirement Board to participate directly in specific deals alongside their primary private equity managers, potentially reducing fee burdens while gaining exposure to high-quality opportunities. This approach has gained traction among large pension funds and retirement systems seeking more control over their private equity allocations.

The selection process follows standard due diligence protocols, with final decisions expected in the coming months.