Michigan pension fund posts RFP
The $458 million Pontiac (Mich.) General Employees’ Retirement System is searching for one or more real estate managers to run between $20 million and $45 million. The search is being managed by Dahab Associates. The RFP is listed on its website. The search is open to core, core-plus and value-added managers, in either open-end or closed-end funds. Funds should be diversified by property type and should be domestic only. Real estate debt funds are eligible for this search. The allocation may be split between multiple managers. Proposals are due August 4.