South Carolina picks new alternatives consultant

Albourne America replaced Aon Hewitt to oversee the $29.7bn retirement system’s investments in real estate, private equity, credit and real assets.

South Carolina Retirement System Investment Commission (RSIC) has chosen Albourne America as its alternatives investment consultant, the pension fund said last week.

The London-based consultant started its five-year contract on August 4 to advise on credit, real estate, private equity, and real assets, Private Debt Investor's sister publication Private Equity Real Estate reported.

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