San Francisco City & County Employees' Retirement System identified 10 finalists in its search for a high-yield bond manager. Finalists are Alliance Capital; BEA Associates; Caywood-School; W.R. Huff; Loomis-Sayles; Oaktree Capital; OFFITBANK; Salomon Brothers; Shenkman Capital; and TCW Group. The firms are being asked to fill out an RFP by July 7.
The $10 billion fund originally had considered 35 firms. Asset Strategy Consulting is assisting. The manager selected could receive $250 million in assets. TCW currently is a high-yield bond manager for the system.
Scott Moss has joined BISYS Fund Services in Little Falls, N.J., as senior vice president. Mr. Moss previously had his own consulting practice, Consulting Investment Distribution, where he developed marketing, product development and distribution channel strategies for banks, investment advisers and mutual funds. In his new role, Mr. Moss will oversee sales staffs in the United States and Europe