Ads for North Adams Retirement System in North Adams, MA

PUBLIC NOTICE COMMONWEALTH OF MASSACHUSETTS NORTH ADAMS CONTRIBUTORY RETIREMENT BOARD REQUEST FOR PROPOSAL FOR INVESTMENT MANAGEMENT The North Adams Retirement Board (NARB) requests proposals from qualified investment management firms to serve as the investment manager for the North Adams Retirement System's entire balanced portfolio with a "well diversified" allocation. The total portfolio market value is approximately $104 Million as of October 31, 2025. The preferred manager handles accounts between $50,000,000 and $250,000,000 managed as a separately invested (not commingled) balanced portfolio. The firm must agree to comply with Massachusetts G.L. Chapter 32 as amended and 840 CMR 16.00 through 25.00 as administered by PERAC. To review and or receive a copy of the Requests for Proposal guidelines please email sflynn@NorthAdamsRetirement.org no later than 4:00 p.m. on Monday, December 8, 2025. No phone calls please. The NARB must approve any contract and reserves the right to reject any or all proposals. Ad# 98929 11/29/2025