San Francisco City & County Employees' Retirement System has approved issuance of an RFP for a real estate consultant. The fund has almost 8% of its assets in real estate.
The $7.5 billion fund's current real estate consultant, The Townsend Group, has been with the system for eight years and is expected to be a candidate in the competition. The deadline for responses to the RFP is Nov. 8; final selection is expected in April.
