Tallahassee (Fla.) Pension Plan hired Heitman to run $15 million and TA Associates to run $7.5 million in value-added real estate, confirmed Kent Olson, the city's deputy treasurer-clerk.
Funding comes from rebalancing. Other finalists were Colony Capital and Rockwood Capital.
Investment consultant Segal Rogerscasey conducted the invitation-only search for the $1.2 billion pension plan.
News and data source for endowment, 401(k) and pension execs
News and data source for money managers,investment consultants and institutional investors
This special supplement explores the growing popularity of stable value & what the future holds for this asset class
This special supplements looks at where and what are the opportunities in emerging markets investing today
The 3rd in a 3-part series that investigates the attitudes and practices of pension funds and E&Fs around risk-management.
A conversation with managers and consultants about why the loan asset class is on an upward trend
