Louisiana police pension fund nabs NEPC as investment consultant

Louisiana Municipal Police Employees Retirement System, Baton Rouge, hired NEPC as investment consultant, confirmed Kathy Bourque, director.

The board of the $1.4 billion pension fund conducted an invitation-only search in November because of personnel changes at current consultant Segal Rogerscasey. The firm rebid and was one of the finalists.

Other finalists were Asset Strategies, The Bogdahn Group, Callan Associates and Summit Strategies Group.

Contract details are pending negotiations, according to Ms. Bourque.