City of Fresno Retirement Systems is soliciting proposals from investment firms to manage a private equity “fund of one” mandate.
According to Fresno’s request for information, the selected firm will receive $120 million over the course of three to four years to manage a globally-focused, customized fund. The deadline to send questions is 6 April, and the submission deadline is 4 pm on 4 May.
The $3 billion US public pension has a 4 percent target allocation to private equity.
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