New Mexico Public Employees Retirement Association, Santa Fe, is searching for a general investment consultant, said Kristin Valera, deputy chief investment officer, in an email.
The $15.7 billion pension fund issued an RFP because of the pending contract expiration of current consultant Wilshire Associates; the firm is invited to rebid, Ms. Valera said.
As of June 30, the pension fund's actual allocation was 41.8% global equities, 21.6% risk reduction & mitigation, 19.9% real assets, 14.7% credit-oriented fixed income, and 2% multirisk allocation.
The RFP is available on the pension fund's website. Proposals are due at 5 p.m. MDT on Oct. 23. A timeline for a decision has yet to be determined.