Aurora (Colo.) General Employees' Retirement Plan hired Harvest Fund Advisors to run $19 million in master limited partnerships, confirmed Thomas Connell, pension plan administrator.
Kayne Anderson Capital Advisors and Salient Partners also were finalists.
Investment consultant Callan Associates initiated the shortlist search in September for the $383 million pension fund. A new 5% allocation to MLPs was approved that month following an asset/liability study.