Tamarac (Fla.) General Employees' Retirement System named Agincourt Capital, Income Research and Management, Great Lakes Advisors and Richmond Capital as finalists in its search for an active domestic fixed-income manager to run $5 million, said Gregory A. McNeillie, senior vice president at plan consultant Dahab Associates. The pension board could make a selection at its Dec. 17 meeting. Officials at the $18.3 million plan are considering investing in lower-tier bonds; incumbent Atlanta Capital Management invests strictly in higher-tier bonds and did not rebid, Mr. McNeillie said.
Lillian Pabon, secretary of the plan's board, referred questions to third-party administrator First Benefits Services; Dan Gatzulis, administrative manager at First Benefits, did not return a call seeking comment by press time. The plan's asset allocation is 75% equity and 25% fixed income; its targets are 65% equity and 35% fixed income.