Santa Barbara County (Calif.) Employees’ Retirement System hired RVK as general investment consultant, said a news release e-mailed by Lauren Thompson, retirement investment analyst.
The $2.5 billion pension fund issued an RFP in December because the contract for current consultant Meketa Investment Group is expiring. RVK’s new five-year contract will begin on or around July 1.
Meketa was a finalist, along with NEPC and Verus Advisory.