Massachusetts Water Resources Authority Retirement Issues Opportunistic Credit Search

Written by: Koncheng Moua, Director of Data Management and Strategy

Massachusetts Water Resources Authority Retirement System is seeking proposals for an Opportunistic Credit strategy(ies), according to meeting materials from the March 9 meeting.

“The Board will not accept proposals for Core Plus, High Yield, Bank Loan or MultiSector/Unconstrained fixed income strategies. The System anticipates investing approximately $15 million with the manager(s) via a commingled or mutual fund”.

Proposals are due by 5 PM EST on March 24, 2023.

NEPC is assisting with the search.

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