Arizona Seeks P.E. Consultant For $1.25B Mandate

Nov 15 2006 | 3:28pm ET

The $25 billion Arizona State Retirement System is on the lookout for a private equity consultant, following its approval last month of a 5% allocation to the asset class.

Would-be applicants for the five-year contract are required to have five years’ experience advising on p.e. investments, and three institutional clients or $50 million in p.e. assets under management, among other requirements.

A request for proposals is available on ASRS’ Web site ( Submissions are due Nov. 21.

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