Searches and Hires

San Joaquin County sticks with Courtland Partners as real estate consultant

San Joaquin County Employees' Retirement Association, Stockton, Calif., rehired Courtland Partners as its real estate consultant.

The $2.7 billion pension fund began the search in November to provide oversight and administration of the pension fund's real estate portfolio, conduct searches for real estate managers and oversee those managers in conjunction with staff, the RFP said. The decision was made by the fund Feb. 9, minutes from that board meeting showed.

As of Sept. 30, the pension fund had a target asset allocation of 10% to real estate; its actual allocation at the time was 11.4%.

Greg Frank, spokesman and RFP coordinator, could not be immediately reached to provide further information.