Washington (Pa.) Combined Pension Plan is searching for a manager to run $1 million in an open-end U.S. core real estate fund, according to an RFP on the website of Morrison Fiduciary Advisors, the $19 million plan’s consultant.
The fund will be benchmarked to the NCREIF Property index, according to the RFP.
The Washington pension plan’s assets are managed by four investment firms and split among large-cap equity, all-cap value, small/midcap equity, foreign equity and fixed income.
One copy of the proposal must be sent to City of Washington Combined Pension Plan, Susie Koehler, Plan Administrator, 55 W. Maiden St., Washington, PA 15301, and two copies must be sent to Morrison Fiduciary Advisors Inc., Robert J. Bulas, 1405 McFarland Road, Pittsburgh, PA 15216.
Proposals are due by 3 p.m. EDT on June 4.
Ms. Koehler could not be reached for further details.