California Public Employees’ Retirement System (CalPERS) is looking to add real estate advisors to its special projects’ spring-fed pool, IM Weekly reports. The plan does not have a fixed number of consultants, who will join the spring-fed pool.

The system is targeting to allocate 10% to real estate investments. The fund will accept the bids for the contract, which is expected to begin on July 1, 2010, until March 15, 2009.

Click here for the story from IM Weekly.