Texas Municipal Retirement System, Austin, hired Courtland Partners as its real estate consultant, pending contract negotiations, spokesman Bill Wallace said in an e-mail.
An RFP was issued earlier this year as a “best practices measure,” Mr. Wallace previously told Pensions & Investments.
It could not be learned by press time whether the incumbent real estate consultant ORG Portfolio Management rebid.
The $23.4 billion pension fund has a 10% target allocation to real estate.