Texas Municipal Retirement System, Austin, is searching for its first non-discretionary private equity consultant, said spokesman Bill Wallace in an e-mail.
The pension fund has not made any private equity investments yet, but has a 5% target allocation to the asset class.
The RFP is available on the $23.4 billion pension fund's website. Proposals are due by 4:30 p.m. CDT on March 27. A hiring decision could be made in May.
