Port of Houston Authority rehires its investment consultant

Port of Houston Authority of Harris County, Houston, rehired as investment consultant for its $163.4 million pension plan and $27.7 million OPEB Trust, said spokesman Bill Hensel.

The pension plan was closed to new participants as of Aug. 1, 2012.

An RFP was issued in July due to the Gregory W. Group’s contract expiration.

The authority also considered proposals from The Bogdahn Group, Dahab Associates, Gallagher Fiduciary Advisors, Gavion, Graystone Consulting, Meketa Investment Group, NEPC, Raymond James & Associates, Robert Harrell Inc. and Watershed Investment Consultants.