Taiwan Labor Pension Fund, Taipei, is searching for managers to run $400 million total in global public infrastructure and global real estate securities, according to RFPs posted on the $55.3 billion pension fund's website.
The pension fund's $20.2 billion Old Fund, one of two plans in the overall pension fund, is looking for four managers to run $100 million each — two each for infrastructure and real estate.
The global real estate securities strategies will consist of investments with companies that focus on real estate-related businesses and include REITs, listed equity securities, equity securities traded over the counter, ETFs and public convertible debt offerings, according to the RFP.
The global infrastructure strategies will invest in the securities of companies that “exhibit critical infrastructure characteristics” and include a similar scope of investments as the real estate search.
Officials at the pension fund could not be reached for additional information.