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