LAFPP seeks managers for $500m separate account investments

The US pension system looks for separate account managers 19 years later.

The Los Angeles Fire & Police Pension System (LAFPP) issues a RFP to seek real estate managers for its $500 million core/ core plus separate account investment program.

This is the first issue of RFP for separate account managers since 1998 and Townsend Group will be the consultant overseeing and helping the searching process.

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