Colorado Public Employees’ Retirement Association, Denver, will search for a general investment consultant in April.
The $67.5 billion pension fund will issue an RFP on April 15 because the contract of current consultant Aon Investments USA is expiring, spokesman Patrick von Keyserling said. Aon will be eligible to rebid, he said.
As of Sept. 30, the actual allocation was 57.1% global equities, 18.4% fixed income, 9.3% real estate, 7.9% private equity, 6.8% alternatives and 0.5% cash.
The target allocation is 54% global equities, 23% fixed income, 8.5% each private equity and real estate, and 6% alternatives.
The RFP will be posted on the pension fund’s website. Proposals will be due by June 17. Finalist presentations will take place at a special investment committee meeting in October, with a board selection scheduled for its Nov. 21 meeting.
