Albourne emerges as finalist for real assets consultant to CRPTF

Connecticut has selected Albourne America as the finalist to provide real estate and infrastructure/natural resources investment consulting services to the Connecticut Retirement Plans and Trust Funds (CRPTF), according to a letter from State Treasurer Erick Russell.

Albourne was qualified through a competitive search conducted through an RFP that was issued Sept. 1, 2022.

The real estate and infrastructure/natural resources (collectively, real assets) investment consulting services are now provided through separate contracts with NEPC and Meketa Investment Group.

Russell said the CRPTF’s objectives for conducting the RFP were to explore service and cost options given certain forthcoming contract expirations, and to allow for the possibility of discounts resulting from a multi-product service, where applicable and appropriate.

In the real estate sector, Albourne covers platforms from emerging to seasoned managers, encompassing 64 different sectors, of w