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Sign in Sign up for a FREE subscriptionAustin Police seeks investment consultant services
The $770 million Austin Police Retirement Fund has issued a request for proposal for investment consultant services.
The APRS investment policy statement approved in November 2017 sets forth the following asset allocation by target:
Target Domestic Equity, 42.5 percent; International Equity, 15.0 percent; Other Equity, 7.5 percent; Total Fixed Income, 10.0 percent; Other Fixed Income, 5.0 percent; Real Estate, 15.0 percent; Timber, 0.0 percent; Multi Asset Class, 5.0 percent; and Cash & Cash Equivalents, 0.0 percent.
Applicable information and expectations are included in the RFP. Proposals are due by Feb. 23, 2018.
