The $302.1 billion California State Teachers’ Retirement System (CalSTRS) has issued a notice of intent to award RCLCO Fund Advisors a real estate board consultant contract.
The pension fund issued an RFP in May 2022 to provide a number of services in accordance with the investment resolution adopted by the board.
The consultant will monitor the performance of the real estate portfolio, including partnership investments, co-investments, secondary interests and other investments; prepare and present quarterly performance review reports to the investment committee; provide analysis, advice and recommended actions to the investment committee on global real estate industry and market trends, investment strategies and conditions; and maintain industry data, both domestic and international, to allow an analysis of the risk and returns of the real estate portfolio diversified by risk category (core, value-add, opportunistic, public), property type and geography for use in s
