People - JANUARY 15, 2016

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OCERS seeks general investment consultant

by Zoe Wolff

The $12.2 billion Orange County (Calif.) Employees Retirement System is seeking a general investment consultant.

The pension fund’s current investment consultant, NEPC, is invited to rebid. An RFP is available on OCERS’ website. Proposals are due Feb. 29.

OCERS has a 10 percent target allocation to real estate. The pension fund recently committed $75 million to Westbrook Real Estate Fund X.

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