Oregon Retail Employees’ Pension Trust Fund, Tigard, hired Kennedy Associates, RREEF Funds and Sentinel Real Estate as real estate managers, recommended by consultant R.V. Kuhns. The $500 million Taft-Hartley fund will give each manager about $8 million, said Gene Pronovost, union president. Funding will come from its equity portfolio.
Oregon Federation of Butchers Pension Trust Fund, Tigard, hired the same firms, also recommended by Kuhns. The $250 million Taft-Hartley fund will give each manager about $4 million, said Mr. Pronovost, also president of the federation. Funding will come from its equity portfolio.
