Private Debt Investment Manager Services

The Watertown Retirement Board is seeking qualified private debt investment managers to provide dedicated direct-lending strategies, with anticipated commitments of approximately $2.5 million to $5 million and possible selection of multiple managers or funds.

Massachusetts > Public Employee Retirement Administration Commission > Watertown Retirement Board


General
Open
Oct 06, 2026 08:00 PM
Sep 16, 2026 12:00 PM
$5,000,000.00
7 years
Request for Proposal (RFP)
Local
Ask AI about this solicitation
Contact
eparetti@fiducient.com
5 Waterside Crossing, Windsor Locks, CT, USA
Submission Instructions
Description

The Watertown Retirement Board is soliciting proposals from qualified private debt investment managers offering a dedicated direct-lending strategy. The Board may select more than one manager or fund and may consider different fund structures. Anticipated commitments total approximately $2.5 million to $5 million. Respondents must meet minimum qualifications, including registration as an investment adviser, at least five years of operation and at least five years managing dedicated private debt funds in the proposed strategy. Proposals must address the firm's organization, financial strength, assets under management, team experience, public-pension experience, reporting capabilities, investment philosophy and process, risk controls, historical performance, fees, fund terms, and proposed fund structure. Required materials include the signed cover page, PERAC vendor certification and disclosure forms, placement-agent statement, certification of good faith, certified minimum-criteria response, executive summary, investment manager questionnaire, Form ADV, and a sample strategy pitchbook. The selected manager must comply with Massachusetts law and PERAC regulations and accept specified fiduciary, disclosure, placement-agent, termination, and contract-term requirements.

Classification Codes
NAICS523940Portfolio Management and Investment Advice
PSCR799Other Management Support Services
Smart Codes
private debt investment managementdirect lending fundsinvestment manager due diligence
Specifications
Service Only
Timeline
Sep 16, 2026-Posted Date
Oct 06, 2026 08:00 PM-Proposal Submission Deadline
Oct 07, 2026 01:00 PM-Opening of Proposals
Requirements
Required
No
Opportunities Near Brookline, Massachusetts
On-Call Transportation Engineering and Design Services

The Massachusetts Bay Transportation Authority is seeking qualified firms for on-call architectural,...

Due in 18 daysMassachusetts Bay Transportation Authority > Procurement & Logistics
HVAC Drive Gear Parts

The Massachusetts Port Authority is seeking HVAC drive gear parts under RFP No. 6878.

Due in 3 daysMassachusetts Port Authority
Emerging Adult Reentry Technical Assistance Grant

The Massachusetts Executive Office of Public Safety and Security is seeking a continuation-grant rec...

Due in 19 daysMassachusetts > Executive Office of Public Safety & Security > Office of Grants and Research
China Trade Center Condensing Water Replacement

The Boston Planning & Development Agency is requesting qualifications for replacement of the China T...

Due in 25 daysBoston > Boston Planning & Development Agency
Safe and Successful Youth Initiative Human Trafficking Intervention Program

The Massachusetts Executive Office of Health and Human Services is seeking qualified organizations t...

Due in 19 daysMassachusetts > Executive Office of Health and Human Services
Lease of Garage, Office, and Storage Space

The Massachusetts Division of Capital Asset Management and Maintenance is seeking to lease approxima...

Massachusetts > Division of Capital Asset Management and Maintenance
Office Space Lease for Massachusetts Teachers' Retirement System

The Massachusetts Division of Capital Asset Management and Maintenance is seeking proposals to lease...

Due in about 1 monthMassachusetts > Division of Capital Asset Management and Maintenance > Office of Leasing
Pickups, Cargo Vans, and Electric Passenger Vans

The Massachusetts Water Resources Authority is seeking bids for various pickups, cargo vans, and ele...

Due in 17 daysMassachusetts Water Resources Authority
Route 20 Resurfacing and Related Roadwork

The Massachusetts Department of Transportation is seeking a contractor for resurfacing and related w...

Due in about 1 monthMassachusetts > Department of Transportation
Airport Emergency Alert and Crash Phone System Replacement

The Massachusetts Port Authority is seeking a turn-key replacement Emergency Alert Notification Syst...

Due in 25 daysMassachusetts Port Authority
Enterprise Customer and Relationship Platform RFI

The Massachusetts Executive Office of Technology Services and Security is seeking voluntary industry...

Due in 26 daysMassachusetts > Executive Office of Technology Services and Security
Sewer Manhole Rehabilitation

The Massachusetts Water Resources Authority is seeking bids for the interior rehabilitation of appro...

Due in 2 daysMassachusetts Water Resources Authority
SFY2027 Emerging Adult Reentry Initiative Grant Program

The Massachusetts Office of Grants and Research is offering the SFY2027 Emerging Adult Reentry Initi...

Due in 19 daysMassachusetts > Executive Office of Public Safety & Security > Office of Grants and Research
MassDOT Property Services

The Massachusetts Department of Transportation (MassDOT) is seeking electronic proposals for propert...

New York > Department of Transportation
Centralized Train Control System

The Massachusetts Bay Transportation Authority is seeking a centralized train control system, includ...

Due in 2 monthsMassachusetts Bay Transportation Authority > Procurement & Logistics
EAFE International Equity Investment Management

The Norfolk County Retirement System is seeking investment management firms to manage up to $130 mil...

Due in 4 daysMassachusetts > Public Employee Retirement Administration Commission
Surety Bond Assistance Technical Services

MassDevelopment is seeking voluntary expressions of interest from qualified technical assistance pro...

Due in 25 daysMassachusetts > MassDevelopment
Remote Terminal Unit Upgrade and Installation

The Massachusetts Bay Transportation Authority is seeking labor, equipment, and materials to procure...

Due in 17 daysMassachusetts Bay Transportation Authority > Procurement & Logistics
University System Facility Condition Assessment Consulting

The University of Massachusetts System is seeking a consultant to assess facility conditions, defici...

Due in 12 daysUniversity of Massachusetts > University of Massachusetts Chan Medical School > Unified Procurement Services Team
CoMIRS Land Mobile Radio Feature Upgrades

The Massachusetts Executive Office of Technology Services and Security is requesting firmware featur...

Due in 24 daysMassachusetts > Executive Office of Technology Services and Security
MBTA Station and Facility Janitorial Cleaning Services, Including Track Trash Removal

The Massachusetts Bay Transportation Authority is seeking a contractor to provide station and facili...

Due in about 1 monthMassachusetts Bay Transportation Authority > Procurement & Logistics
China Trade Center Condensing Water Replacement

The City of Boston is requesting qualifications and quotes for condensing water replacement at the C...

Due in 25 daysBoston > Boston Planning & Development Agency
U.S. Passive Large-Cap Growth Equity Investment Management

The Norfolk County Retirement System is seeking investment management firms to manage up to $100 mil...

Due in 2 daysMassachusetts > Public Employee Retirement Administration Commission
Rate Year 2027 Psychiatric Hospital Services

The Massachusetts Executive Office of Health and Human Services is seeking applications from eligibl...

Due in 3 daysMiddlesex County > Office of Human Services
Public Health Consultant Qualified Vendor Pool

The Boston Public Health Commission is seeking consultants for a qualified vendor pool providing com...

Due in 10 daysBoston > Boston Public Health Commission
Comments
Correspondences
Custom Fields