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Sign in Sign up for a FREE subscriptionPennsylvania State Employees’ Retirement System hires NEPC as RE consultant
The board of the $35 billion Pennsylvania State Employees’ Retirement System has hired NEPC as its real estate investment consultant for a five-year period when the current contract with the firm expires on Dec. 1, 2023.
The pension fund has a market exposure to real estate of $2.93 billion, or 8.4 percent of the fund, as of March 2023. Its target is 7 percent.
