CalSTRS looking for real estate portfolio manager

California State Teachers' Retirement System is seeking a real estate portfolio manager, according to a posting on the $163.7 billion pension fund's website.

The portfolio manager would develop, implement and manage an unspecified subset of the pension system's $22.2 billion real estate portfolio, and coordinate due diligence with a consultant/fiduciary in selecting appropriate investments.

Duties could also include negotiation of agreements to encourage managers/partners to achieve maximum performance for each investment, review and critique of monthly property reports, and evaluating manager performance.

Candidates should have at least 10 years of experience. Interested individuals should submit a STD 678 form to:

State Teachers' Retirement System — CalSTRS, P.O. BOX 15275, Sacramento, CA 95851-0275. The STD 678 can be accessed through the state personnel board website.