The Iowa Public Employees' Retirement System has issued a request for proposals for investment consulting services for all asset classes.
The $39 billion Des Moines-based system's current investment consultant is Wilshire Associates, which reported last month to trustees that 2020 annualized returns total 13.5%.
It is a crucial time for the pension plan, which has been actively building out its private credit portfolio and recently settled upon absolute return managers. The private credit portfolio Continue Reading Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.