Texas Permanent School Fund issues real estate consultant RFP
The $26.9 billion Texas Permanent School Fund (TPSF) has issued an RFP for real estate investment consulting services. Courtland Partners has been the fund’s real estate consultant for the five years ended Aug. 31, 2013. Proposals are due May 16, 2013, and finalists will be announced on July 19, 2013. The RFP can be accessed on the Texas Comptroller’s website. TPSF has $1.2 billion invested in real estate and has an 8 percent target allocation to real estate.