Hampshire Pension Fund, Winchester, England, is searching for a manager to run a direct U.K. real estate allocation.
The £6.9 billion ($8.8 billion) pension fund has a strategic asset allocation to U.K. real estate of 10%, according to a notice on European procurement website Tenders Electronic Daily.
The selected manager will deliver high quality risk-adjusted returns, the notice said.
Submissions are due at 10 a.m. British Summer Time on Aug. 27. The contract will begin on Jan. 1.
Consultant MJ Hudson Allenbridge is assisting with the search.
Additional details were not available. Spokesmen for the pension fund and MJ Hudson Allenbridge could not be reached for comment.