Chicago Public School Teachers’ Pension and Retirement Fund issued an RFP for one manager to run $25 million in non-core real estate.
Domestic, international or global strategies will be considered, according to the RFP.
The RFP is available at www.ctpf.org. Proposals are due April 23.
Townsend Group, the $9.2 billion fund’s real estate consultant, is overseeing the search.
The fund is making the commitment to target real estate opportunities in the market, according to Kevin Huber, executive director.