San Antonio Fire & Police Pension Fund is conducting site visits to real asset managers being considered to run $20 million for the pension fund, according to the agenda of the $1.9 billion plan's Tuesday board meeting.
The agenda did not list the managers being visited. The $1.9 billion pension fund has a 2.5% allocation to real assets. Townsend Group, the pension fund's real estate consultant, is assisting.
The board approved looking for a real asset manager at its Feb. 25 investment committee. Minutes from that meeting did not note if an RFP was issued or if it was invitation only.
Warren Schott, executive director, did not return a telephone call by press time for additional information.