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Santa Barbara County narrows real estate consultant search

Santa Barbara County (Calif.) Employees' Retirement System named four finalists in its search for a real estate consultant, said Ellen Hung, assistant CEO, in an email.

The $2.4 billion pension fund named incumbent ORG Portfolio Management, Courtland Partners, Hamilton Lane and Townsend Group as finalists. They will make presentations at the June 28 board meeting, with a selection expected shortly thereafter.

The pension fund issued an RFP in January for best practices purposes because ORG Portfolio Management's contract began in 2010, Ms. Hung said at the time.