Los Angeles Fire & Police Pension System named finalists for a search consultant and net lease manager.
The consultant finalists are Callan Associates, PCA and incumbent Watson Wyatt, said Thomas Lopez, chief investment officer. The finalists for net lease manager are CB Richard Ellis, TA Associates Realty and US Realty Advisors, Mr. Lopez said. The net lease manager search is for a new subasset class, he added. Fund executives do not yet know how much money that manager will run.
Selections should be made by June for both positions, he said.
The $12.8 billion fund is also searching for a performance measurement consultant. Finalists have not yet been chosen, but the fund is no longer accepting proposals. Wilshire Associates is the incumbent.
