Marin County Employees’ Retirement Association, San Rafael, Calif., rehired Callan Associates as investment consultant, pending successful contract negotiations, Jeff Wickman, retirement administrator, said in an e-mail.
Callan was selected due to “the strength of its lead consultant, its experience in public-sector retirement plans, expertise in specific investment-related topics and knowledge of MCERA’s approach to investing trust fund assets,” Mr. Wickman wrote.
An RFP was issued in March because of the $1.9 billion pension fund’s policy to re-evaluate vendors every five to seven years.
The other finalists were Wurts & Associates, Strategic Investment Solutions, Meketa Investment Group, NEPC and Hewitt EnnisKnupp.
