INPRS posts RFP for real estate consulting services
The $27.1 billion Indiana Public Retirement System has posted an RFP for real estate consulting services for its $1.3 billion private real estate portfolio. Proposals must be submitted to the retirement system no later than June 30, and a final selection is expected in the week of Aug. 11.
Consulting services will include sub–asset allocation recommendations and commitment pace modeling, portfolio exposure modeling, review of market trends and conditions, as well as domestic and international investment opportunity identification, including secondary and co-investment opportunities, detailed due diligence, and written investment recommendations to INPRS real assets staff.
To qualify, firms must have a minimum of five years of experience advising institutional clients on real estate strategies, and principals must have experien