The $28 billion institution has chosen which firms will manage $200 million of its international portfolio. It will award mandates for another $400 million in 2012.
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The state fund is looking to ramp up its foreign-asset allocation and needs an investment consultant to help it.
The $25 billion state institution is making its first moves into foreign equities and property and boosting its exposure to international fixed income with three $200 million mandates, one for each asset class.
