The $2.4 billion City of Fresno (Calif.) Employees Retirement System is searching for a value-added/opportunistic real estate manager for a mandate of up to $30 million.
The pension fund will be considering U.S. strategies only, from managers with at least five years of experience and raising at least $200 million.
The RFP is available on investment consultant NEPC’s website. Proposals are due by Dec. 31.