The Santa Barbara (Calif.) County Employees' Retirement System issued an RFP for an actuarial consultant. Responses are due Oct. 13, and a selection could be made at the $1.6 billion system's Jan. 10 board meeting, according to the RFP. The incumbent is Buck Consulting. The RFP is available on the system's website at www.countyofsb.org.
Separately, the board selected Arden Asset Management to run a $30 million real return strategy, a new allocation, according to recently released minutes from the system's July 12 board meeting. The board also selected Hamilton Lane as its first-ever private equity consultant.
Oscar Peters, system administrator, could not be reached by press time for further details.