Institution: Tacoma Employees’ Retirement System
Headquarters: Tacoma, US
AUM: $2.12 billion
Allocation to alternatives: 27%
Tacoma Employees’ Retirement System has issued a request for proposal for an investment consultant, a contact at the pension informed Infrastructure Investor. The pension’s current investment consultant, Wilshire Associates, whose contract is set to expire in March 2022, has also been invited to resubmit a bid.
Earlier this year, the pension disclosed its plans to issue an RFP, as previously reported by Infrastructure Investor.
As illustrated below, TERS currently allocates 5.9 percent of its investment portfolio to real assets that includes infrastructure. The pension’s chief investment officer is Timothy Allen.
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