The Alabama Trust Fund (ATF) has issued two RFPs seeking proposals from qualified firms interested in providing closed-end core real estate and open-end core-plus real estate investment management services.
The initial funding amount will be $50 million for closed-end core real estate and $50 million for open-end core-plus real estate. Callan, the board’s investment consultant, will receive and analyze all responses from this manager search.
As of Nov. 30, 2021, ATF’s invested assets totaled $3.9 billion. The portfolio is managed by 23 professional managers investing across fixed income, domestic equities, international equities, hedge funds of funds, multi-asset strategies and re