Ohio Police & Fire Pension Fund, Columbus, hired Robert A. Stanger & Co. to provide real estate fiduciary services, said David Graham, spokesman for the $11.9 billion pension fund. The firm will help the system move its real estate portfolio to commingled funds from separate accounts. The funds total real estate portfolio is $596 million, of which $235 million is managed by INVESCO in separate accounts, Mr. Graham said.
An RFP was issued in January. Real estate consultant Townsend Group assisted.