California State Teachers’ Retirement System, Sacramento, awarded a contract to consultants Pension Consulting Alliance Inc./E&Y Kenneth Leventhal to perform specialized monitoring and evaluation of the $800 million Lazard Freres Strategic Realty Investors Fund 1, in which the $101 billion fund has a $150 million investment. The action was taken at the system’s July 7 board meeting, after a report that three of the four key individuals managing the real estate fund had left the firm.
California State Teachers' Retirement System, Sacramento, awarded a...
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