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Sign in Sign up for a FREE subscriptionRhode Island ERS issues RFI for infrastructure managers
The $7.5 billion Employees’ Retirement System of Rhode Island (ERSRI) has issued an RFI to evaluate investment management firms that will invest in infrastructure assets and projects. Hired managers allocated approximately $220 million to invest in core and core-plus or value-add domestic and international infrastructure assets.
ERSRI aims to allocate approximately 3 percent of its portfolio to infrastructure assets. It will be included in the real return allocation, which is currently at 21 percent of the total portfolio.
The deadline for proposals is Feb. 22, 2013. Pension Consulting Alliance (PCA) is assisting with the search, and the RFI can be viewed on PCA’s website.