New Mexico Public Employees Retirement Association, Santa Fe, launched an RFP for global tactical asset allocation and/or multiasset class investment managers, according to the RFP posted Monday by the $13.3 billion pension fund.
The estimated target allocation is $150 million to $300 million. The fund may hire one or more managers.
Plan officials prefer proposals for separately managed accounts but would consider commingled vehicles, according to the RFP.
The RFP is available on PERA's website. Proposals are due Dec. 23. A selection date has not been set.
General investment consultant Wilshire Associates is assisting.
