Townsend Group selected to advise New Jersey pension funds
US - The advisory council that oversees the management of New Jersey's state pension funds has chosen the Townsend Group as real estate advisor, even as the council faces two lawsuits challenging the basis of the alternative investment plan.
The New Jersey State Investment Council - which oversees the management of $68bn in pension assets for the state’s public employees - selected the Townsend Group as part of its first ever allocation to...
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