South Miami (Fla.) Pension Fund hired Agincourt Capital Management to run a $4 million active domestic intermediate core fixed-income portfolio, said William E. Dahab, principal and director of research at Dahab Associates, the $32 million pension fund’s investment consultant.
The pension fund had issued an RFP in July after deciding to change the portfolio to an intermediate government/credit core strategy from ultrashort fixed income.
RidgeWorth Capital Management, which ran the portfolio, did not rebid for the services.
Dixie Martinez, plan administrator, was not available by press time.