When is the submission deadline?

Submissions are due July 7, 2026.

What is the budget for this RFP?

The published budget is $3,000,000 – $5,000,000.

It was issued by Weymouth Retirement Board. The work is located in Weymouth, Massachusetts, United States.

Who is a good fit for this opportunity?

Proven track record managing private debt and direct lending portfolios. Experience working with government or public sector clients. Registered and compliant with relevant investment regulations. Sufficient scale to manage substantial investment commitments.

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Private Debt Investment Manager Services

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Overview

Financial, Legal, HR & Staffing

Weymouth, Massachusetts, United StatesPosted: June 18th, 2026Deadline: July 7th, 2026

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SUMMARY

Somerville, MA seeks a private debt investment manager with expertise in Direct Lending strategies.

KEY REQUIREMENTS

Must be a registered investment advisor with the SEC or registered with the Massachusetts Office of the Secretary of State
Must have at least five years of experience as an investment management organization
Must have at least five years of experience managing dedicated private debt funds in the proposed strategy
Must agree to act as a fiduciary as set forth in Section 23(3) of M.G.L Ch. 32
Must comply with all applicable laws and PERAC regulations
Must submit required PERAC vendor certification, disclosures, and placement agent statement
Must not require indemnification from the retirement board

BUDGET

Verified

$3,000,000 – $5,000,000

CONTRACT DURATION

84 months

TIMELINE

Proposal deadline: July 7th, 2026

Opening of proposals: July 8th, 2026

Vendor selection: Within 180 days of the proposal deadline

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

Weymouth Retirement Board

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The government authority in Somerville, Massachusetts is seeking a vendor to provide private debt investment manager services. The selected manager(s) is expected to offer a dedicated Direct Lending strategy, focusing on the management and commitment of private debt investments.

The primary objective is to engage a professional investment manager with demonstrated experience in direct lending and private debt asset management, ensuring effective stewardship of government resources while adhering to investment best practices.

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Frequently asked questions

When is the submission deadline?: Submissions are due July 7, 2026.
What is the budget for this RFP?: The published budget is $3,000,000 – $5,000,000.
Who issued this RFP?: It was issued by Weymouth Retirement Board. The work is located in Weymouth, Massachusetts, United States.
Who is a good fit for this opportunity?: Proven track record managing private debt and direct lending portfolios
Experience working with government or public sector clients
Registered and compliant with relevant investment regulations
Sufficient scale to manage substantial investment commitments

Analysis generated by Settle AI from the source RFP.

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Private Debt Investment Manager Services (Due July 7, 2026) | Settle RFP Hunter