Summary
The Weymouth (MA) Retirement Board is issuing a Request for Proposal seeking qualified Private Debt investment managers offering a dedicated Direct Lending strategy. The Weymouth Retirement System is a municipal defined benefit plan with approximately $305 million in total assets, and the Board expects to commit approximately $3-5 million to one or more selected managers based on fund structure. All proposals are subject to Massachusetts General Laws Chapter 32 (as amended by Chapter 176 of the Acts of 2011) and the rules and regulations of the Public Employees Retirement Administration Commission (PERAC), 840 CMR.