Bob Sessa, head of real assets at the Employees Retirement System of Texas (ERS), announced plans to retire after more than 25 years with the pension fund, according to a LinkedIn post. He joined ERS in January 1999 and has since held senior leadership roles in real estate. Earlier in his career, Sessa served as a senior associate at Coopers & Lybrand (now PwC) from 1991 to 1997.
In his announcement, Sessa wrote: “I’m grateful for the trust and support of the ERS Board, the Executive Office, and the many CIOs I’ve worked with over my time here. I’m proud of the opportunity I was given to lead the real assets program and especially proud of building out the real estate asset class. From launching the REIT portfolio in 2005 to building the private real estate program from the ground up more than 15 years ago, it has been a fulfilling journey. The strong performance and milestones
