Winnetka (Ill.) Firefighters Pension Fund and Police Pension Fund both rehired The Bogdahn GroupBogdahn Group as investment consultant, said Nicholas A. Mostardo, financial services coordinator for the village, in an e-mail.
RFPs were issued in January due to a requirement that services go out to bid every five years.
As of Sept. 30, the police pension plan had $26 million in assets and an allocation of 46.1% domestic equity, 35.1% fixed income, 11% international equity, 4.3% real estate and 3.5% cash or cash equivalents.
As of the same date, the firefighters’ fund had $24 million in assets and an asset allocation of 47.4% domestic equity, 37.4% fixed income, 10.5% international equity and 4.7% cash or cash equivalents.