US - Indiana's $6bn State Teachers' Retirement Fund is searching for a manager to run a $150m private equity fund of funds mandate.
Robert Newland, chief investment officer of the fund, said that the fund was looking to have a manager in place within the next three to six months. Callan Associates will be assisting the fund with the search.
Additionally, Newland said that the fund was considering investing in real estate, but declined to give any further details.
By Geoffrey Ho
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The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
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