Investors - SEPTEMBER 4, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Cook County issues RFP for noncore real estate manager

by Reg Clodfelter

The $8.7 billion County Employees’ and Officers’ Annuity & Benefit Fund of Cook County has issued an RFP for noncore real estate investment services with a deadline of Sept. 19, 2014.

The firm’s $710 million real estate portfolio is at its target allocation of 8 percent, though its 5.8 percent one-year return as of Dec. 31, 2013, was well below its 11.0 percent benchmark.

A number of other pension funds have been focusing on noncore real estate investments of late as well, including the $11.9 billion Orange County Employees Retirement System, whose focus on noncore real estate helped it to beat its real estate benc

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy