Miami Beach (Fla.) Employees’ Retirement System named four finalists in its search for an investment consultant, said Rick Rivera, pension administrator, in an e-mail.
The $509 million pension fund issued an RFP in September after the board’s earlier decision to put the services of all vendors up for bid.
Current consultant Milliman is a finalist, along with The Bogdahn Group, CapTrust Advisors and Meketa Investment Group.
Finalists will make presentations at the pension fund’s May 4 board meeting, with a decision expected shortly thereafter.