Illinois SURS Seeks Real Assets Managers
The $25.2 billion pension fund for university employees is focusing on hiring for its private real estate, infrastructure and agriculture allocations.
The $25.2 billion pension fund for university employees is focusing on hiring for its private real estate, infrastructure and agriculture allocations.
The agreements represent a combined $70 billion in OCIO mandates.
It is the first time the city’s pension funds have solicited managers for public equity index services in nearly a decade.
The pension fund’s board also approved contract negotiations with its current general investment consultant Cerity Partners Retirement Plan Advisors.
Much depends on an organization’s portfolio objectives.
Moving to an outsourced CIO model has become a necessity for many small teams.