Ohio Police & Fire Pension Fund, Columbus, is searching for a real estate separate account manager to run $60 million in a core real estate strategy and $60 million in an enhanced return real estate strategy. David Graham, spokesman for the $9.1 billion system, said this is a new allocation as the system works to reach its 8% target real estate allocation. As of March 31, the system had 4.2% of its assets in real estate.
Proposals are due by 3 p.m. EDT June 14 to Janeane Mayesky, OP&F purchasing manager. In addition, an electronic version of the proposal must be submitted to the system's real estate consultant, Townsend Group; questions can be submitted to Frank L. Blaschka, Townsend Group principal. Fund officials expect to select a manager by mid-August.
