El Paso County Retirement Plan, Colorado Springs, Colo., hired ING Clarion to manage $9 million in an open-end core real estate portfolio, pending contract negotiations, said Dave Klemmer, plan administrator. Funding will come from reducing the $190 million plan's fixed-income allocation to 30% from 35%, Mr. Klemmer said; officials have not decided which portfolios will be reduced. The balance of the plan's assets is in equities. Summit Strategies assisted.
El Paso County Retirement Plan, Colorado Springs, Colo., hired ING...
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