San Joaquin County Employees' Retirement Association, Stockton, Calif., named Courtland Partners, Hamilton Lane and incumbent ORG as finalists in its search for a real estate consultant, confirmed Nancy Calkins, chief investment officer.
The $2 billion retirement system's real estate committee will interview the finalists in January, and the system's board will likely vote on the committee's recommendation later that month, said Ms. Calkins in a telephone interview.
Separately, the system also named Bridgewater Associates and Clifton Group as finalists in its search for a risk-parity manager, which Ms. Calkins said the system is looking at “like a custom completion fund.”
Interviews with the board are expected in January.
RFPs were issued in September for real estate consultants and in October for risk-parity managers.