Investors - SEPTEMBER 11, 2019

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

Sign in Sign up for a FREE subscription

Oregon pension fund issues RFP for real estate consultant

by Kali Persall

The Oregon State Treasury is seeking a real estate portfolio consultant to manage the $77 billion Oregon Public Employees’ Retirement Fund (OPERF).

The pension fund has a diversified real estate investment strategy, which includes separately managed accounts, joint ventures, co-investments, commingled funds, publicly-traded REITs, real estate debt and equity investments.

As of July, OPERF had a 10.7 percent allocation to real estate and a 12.5 percent target.

The treasury issued an official RFP on Aug. 27, asking for applicants with demonstrated hands-on real estate investment expertise, experience reporting to a public pension fund board or managing a portfolio of similar size, and senior staff resources to assist the Oregon Investment Council.

In addition, the council asked that the applicant have a minimum of five years of experience providing real estate portfolio consulting services to public and/or private pension plans or other comparable experie

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.