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CalSTRS Taps Advisor Market


The $126.9 billion California State Teachers’ Retirement System (CalSTRS) has issued an RFP seeking investment consulting services.

The search is being conducted due to an upcoming contract expiration. The system’s incumbent general consultant is Pension Consulting Alliance (PCA), which is allowed to rebid for the contract, according to a statement issued by CalSTRS.

The investment committee will meet with three finalist firms and announce a selection at its Nov. 6 meeting. Bids for the contract are due Oct. 22.


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