(updated with correction)
New Mexico Public Employees Retirement Association, Santa Fe, plans to launch an RFP as early as April 1 for a manager to run between $100 million and $200 million in a listed infrastructure portfolio, said Jonathan Grabel, chief investment officer for the $14.5 billion pension fund in an e-mail.
It is a new allocation. Pension fund officials are launching the search to help implement its 7% real asset allocation, which was increased by three percentage points last year.
The RFP will be posted on the pension fund's website.