L.P. Middlesex Starts P.E. Manager Search –

Middlesex Retirement System, East Cambridge, Mass., is searching for private equity fund managers to handle a portion of its $600 million pension, said a spokesperson at H.C. Wainwright, the fund’s consultant.

The investment amount has not yet been determined, but will be relatively small, said Investment Coordinator Nancy O’Neil. The fund has an 8%, or $48 million allocation to private equity, according to the 1999 Money Market Directory.

The deadline to submit proposals is March 17. The forms are available on the system’s Web site at http://www.state.ma.us/perac. Jennifer Cunniff and Richard Zaccaro of Boston-based H.C. Wainwright are assisting.