Searches and Hires

Clayton County Public Employees signs AndCo as consultant

Clayton County Public Employees' Retirement System, Jonesboro, Ga., hired AndCo Consulting as investment consultant, said Debbie Decker, pension manager, in an email.

The $412 million pension fund issued an RFP in May because it had been several years since the services had been put up for bid, Ms. Decker said at the time.

The current consultant, Morgan Stanley (MS), rebid for the services and was a finalist along with Callan and NEPC.

As of June 30, 2017, the pension fund's asset allocation was 72.2% equities, 26.9% fixed income, and 0.9% cash and cash equivalents.