CalSTRS To Hire New PE Consultant

CalSTRS is looking to appoint a new private equity consultant.

CalSTRS is looking to appoint a new private equity consultant, Pensions & Investments reports. The $154.2 billion system will issue a request for proposal for the same later this year.

The selected candidate will work under a three-year contract with two one-year extensions. Incumbent private equity consultant for West Sacramento-based system Pension Consulting Alliance, whose contract expires on June 30, is also allowed to rebid.

Click here for the story from Pensions & Investments.

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