Alaska Retirement Management Board, Juneau, is searching for a general investment consultant and a real assets consultant, spokeswoman Stephanie O. Alexander said in an email.
As of Dec. 31, the actual allocation of non-participant-directed assets was 22.2% domestic equities, 19.3% international equities, 18.2% real assets, 10.8% private equity, 10.6% opportunistic investments, 10.5% fixed income, 7.4% absolute return and 1% cash equivalents.
The board oversees the management of $32.3 billion in defined benefit and defined contribution plan assets, including the $18.3 billion Public Employees' Retirement System and $8.9 billion Teachers' Retirement System.
The general consultant RFP and real assets consultant RFP are both available on the board's website. Proposals for both are due at 4 p.m. Alaska Standard Time on Feb. 4. A notice of intent to award for both is expected April 8, and a three-year contract is expected to start July 1.