Institution: Tacoma Employees’ Retirement System
Headquarters: Tacoma, United States
AUM: $1.89 billion
Allocation to alternatives: 18.2%
Tacoma Employees’ Retirement System plans to issue a request for proposal for an investment consultant in the summer of this year, a contact at the pension informed PERE. The contract of the pension’s current investment consultant, Wilshire Associates, is set to expire in March 2022.
As illustrated below, TERS currently allocates 8.8 percent of its investment portfolio to private real estate. The pension’s chief investment officer is Timothy Allen.
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