Louisiana Municipal Police Employees Retirement System, Baton Rouge, is conducting an invitation-only search for an investment consultant, confirmed Kathy Bourque, director.
The board of the $1.4 billion pension fund decided to send invitations to bid because of personnel changes at its current consultant, Segal Rogerscasey. The firm is invited to rebid.
The board will select finalists at its Jan. 16 board meeting, and hear finalists' presentations and make a decision at its Feb. 20 meeting, Ms. Bourque said.