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Investors - OCTOBER 12, 2015

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CalPERS searches for real estate consultant

by Zoë Wolff

The $302 billion California Public Employees’ Retirement System is seeking a real estate consultant.

The consultant will provide strategy and policy analysis, supply performance analysis and monitoring, and assist with special projects and other services regarding CalPERS’ $27 billion real estate portfolio.

The contract with the pension fund’s current real estate consultant, Pension Consulting Alliance, expires in March 2017, and PCA is invited to rebid.

An RFP is available on CalPERS’ website. Proposals are due on Dec. 1, and finalist interviews are expected to be in May 2016.

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