The Cambridge Retirement Board is seeking proposals from qualified law firms to provide portfolio monitoring as well as securities litigation services on a contingency/no-cost basis to the system.
The Cambridge Retirement Board is a governmentally defined benefit pension fund with approximately $2.1 billion in assets and serves approximately 6,600 active and retired members/beneficiaries from all City of Cambridge departments, as well as the Cambridge Health Alliance, Cambridge Housing Authority and Cambridge Redevelopment Authority.
All investments made by the Cambridge Retirement Board are subject to the provisions of the Massachusetts General Laws, Chapter 32, as amended by Chapter 176 of the Acts of 2011, and the rules and regulations of the Public Employees Retirement Administration Commission (PERAC), 840 CMR.
The selected firm or firms must have familiarity and agree to comply with any and all applicable laws, PERAC regulations, and disclosures. The Board reserves the right to cancel or reject in whole or in part any or all proposals in the best interest of the system.
In order to obtain a copy of this Request for Proposal, please submit a request by email only to: Chris Burns, Executive Director at cburns@cambridgeretirementma.gov . The proposal deadline is Monday, July 27, 2026, at 5:00 PM EDT.