Three Fairfax County, Va., pension funds, with about $3 billion in...

Three Fairfax County, Va., pension funds, with about $3 billion in total assets, hired Mellon Global Securities Services as custodian to replace State Street Bank, whose contract is expiring, according to Laurnz A. Swartz, executive director of the three funds. The three funds are: the Fairfax County Employees’ Retirement System; the Fairfax County Police Officers Retirement System; and the Fairfax County Uniformed Retirement System. The pension funds have separate boards, but share an executive director.