Pontiac (Mich.) General Employees’ Retirement System is searching for one or more real estate managers to run between $20 million and $45 million for the $458 million pension fund.
The pension fund’s new consultant, Dahab Associates is handling the search. Dahab was selected June 6 to replace Gray & Co., effective July 1.
Real estate managers offering U.S. or global core, core plus and value-added strategies and open or closed-end funds are sought, according to an RFP on Dahab’s website. Proposals are due Aug. 3 at 5 p.m. EST.
Deborah Munson, interim executive director of the fund, did not return a call seeking additional information about the search.