The $17.3 billion Orange County (Calif.) Employees Retirement System (OCERS) is seeking proposals from qualified firms interested in providing a risk system to the total fund.
According to a request for proposal procurement listed on OCERS’ website, the strategy will incorporate a comprehensive, multi-asset class, investment risk analysis system to benefit the investment team.
OCERS added that the new system will assist in systematically identifying, assessing, monitoring and reporting on portfolio risk for the total fund.
The Santa Ana, Calif.–based pension fund currently has a 13 percent actual allocation to real assets, which comprises energy, infrastructure, timber, agriculture and real estate. OCERS has a 17 percent target allocation to the asset class.
The deadline to submit proposals is April 10. To view the complete RFP, click here.
