Alameda County Employees Retirement Association, Oakland, Calif., will review its real estate consulting contract with Callan Associates, according to the minutes of the $3.3 billion pension funds investment committee meeting in January. The minutes noted some dissatisfaction on the part of board members and staff with the quality of services rendered by Callan. ACERA also will consider whether it would be better to use a consultant on a project basis rather than on retainer. Officials at Callan did not return calls seeking comment by press time.
Alameda County Employees' Retirement Association, Oakland, Calif....
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