Cook County Annuity & Benefit Fund, Chicago, on Thursday rehired Callan Associates as investment consultant to the $8.8 billion pension fund.
Callan’s current contract expires Dec. 31. The new contract is for two years with board options for up to three additional years.
Also, the board named consultant RVK as an authorized vendor for the pension fund and could be called upon to conduct studies on cash-flow issues involving funding for the plan. No contract was awarded; the board will vote on contracts with RVK on a per-project basis.
Along with RVK, Wilshire Associates and NEPC were finalists for the investment consulting contract. All four consultants were interviewed by the fund’s investment committee on Oct. 22.
An RFP was issued in June.
