Los Angeles Fire and Police Pension System is looking to hire its...

Los Angeles Fire and Police Pension System is looking to hire its first general investment consultant and also plans to seek an alternative investments consultant, said Tom Lopez, CIO. Consultants had been hired by the $13 billion fund on a per-project basis, he said, but the board now wants one on contract. The board may not hire an alternative investments consultant if they find a general consultant with the desired experience.