CalPERS launched an RFP for a general investment consultant, private equity consultant, real estate consultant, private debt consultant and infrastructure consultant.
The board of the $456.6 billion California Public Employees' Retirement System, Sacramento, had authorized the search in September because the incumbent contracts are set to expire June 30, 2024. Wilshire Advisors is the board's general investment consultant and private debt consultant. Meketa Investment Group currently serves as CalPERS' private equity, real estate and infrastructure consultants. The incumbents will be invited to rebid, CalPERS spokesman Joe DeAnda said at the time.
The RFP is available on CalPERS' website. Responses are due March 7 at 3 p.m. PST. Contracts are expected to be awarded as early as June.