People - MARCH 4, 2013

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

Sign in Start Your Free Trial Now View Purchase Options

ISBI names real estate consultant and general consultant

by Andrea Waitrovich

The $12.9 billion Illinois State Board of Investment (ISBI) has ended its search for a real estate and general consultant. ISBI rehired Marquette Associates as its general investment and real estate consultant. Both searches started in November 2012.

ISBI has 9.2 percent, or $1.1 billion, invested in real estate. The pension fund has a 10 percent target allocation to real estate. ISBI believes it will reach its real estate allocation this year, according to its 2012 annual investment report.

ISBI’s real estate portfolio is invested mostly through interests in separate accounts, limited partnerships, trusts and other pooled investments. The real estate downturn had slowed the separate account investment pace, accord

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