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HIERS seeks PERE service providers

The Hawaii pension fund wants help with its investment needs.

Employees' Retirement System of the State of Hawaii plans to issue RFPs for a real estate consultant and a general investment consultant.

The $14 billion US pension has a current real estate allocation of 5.45 percent against a 7 percent target allocation.

Platinum subscribers may click here for HIERS’ full profile, including key contacts, allocation strategy and fund investments.