Maryland State Retirement and Pension System, Baltimore, hired Pension Consulting Alliance to serve as the $33.7 billion fund’s real estate consultant, said Michael Golden, a fund spokesman.
The system also rehired Altius Associates as its private equity consultant, Mr. Golden said.
Both consultants signed five-year contracts with the fund, effective May 1, and include two, one-year renewal options, according to a news release.
The system’s incumbent real estate consultant, PCA Real Estate Advisors, an affiliate of Partners Group, did not rebid, the news release said.