City of San Jose PFRP issues RFP

The US public pension seeks a general investment consultant.

Institution: City of San Jose Police & Fire Department Retirement Plan
Headquarters: San Jose, United States
AUM: $3.59bn
Allocation to alternatives: 22.06%
Bitesize: $10-50m

City of San Jose Police & Fire Department Retirement Plan issued a RFP for general investment consulting services. The contract with current consultant, Meketa Investment Group, will expire in February 2020.

The $3.59 billion US public pension has a 12.00 percent target allocation to private equity that currently stands at 13.44 percent.

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