European Core Real Estate Search

for Professional Investment Firms interested in managing IMRF funds
Money
May 23, 2016

On May 23, 2016, IMRF requested proposals from investment management firms offering European open-ended core real estate commingled funds. Responses were due no later than June 10, 2016. The Quiet Period for this process is the period of time beginning when the RFP was issued and ends when a selection has been made by the IMRF Board of Trustees or the process is declared to be complete. The Quiet Period for this search ended on August 26, 2016. After evaluating the responding firms on people, process, performance, and price, the IMRF Board of Trustees approved the following subject to satisfactory legal due diligence: