Calif. Plan Seeks Two Consultants

Mar 10 2006 | 12:00am ET

The $1.6 billion Santa Barbara County (Calif.) Employees Retirement System will issue RFPs today for consultants to assist with searches for private equity and real estate managers to handle $80 million each.

Oscar Peters, retirement administrator, said the plan will issue two separate RFPs for consultants. Firms that specialize in both areas are required to fill out both proposals. The RFP will be available on the plan’s Web site (www.countyofsb.org/sbcers) and proposals are due in early April.

Peters said he expects to make a hire or hires by the end June. Specifics on the manager searches will be ironed out after the consultant hires, he said. The plan’s general consultant, Pension Consulting Alliance, has been invited to bid. 


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...