Meketa Investment Group has been selected to provide consulting services for the Oregon Investment Council’s (OIC) real estate portfolio, according to a board meeting document from April 22.
As real estate consultant, Meketa will assist the OIC and Oregon State Treasury’s investment division with program construction, investment selection and portfolio monitoring for the various components of the Oregon Public Employees Retirement Fund real estate portfolio.
The current real estate consultant is Pension Consulting Alliance (PCA), which merged with Meketa in 2019. The existing contract ends June 30. The new contract will go into effect on July 1 and will be viable for three years and will include two pre-negotiated two-year extensions.
In August 2019, OIC issued an RFP to search for a replacement, garnering proposals from seven qualified firms. Two semi-finalists were selected and presented to the committee in Februrary. Of the two, Meketa, which consults on
