Atlanta General Employees’ Pension Fund hired Garcia Hamilton & Associates to manage a $70 million active domestic core fixed-income portfolio, said Doug Strachan, chairman of the board of trustees, in an e-mail.
The $1.3 billion pension fund conducted an invitation-only search earlier this year due to personnel changes at current manager J.P. Morgan Asset Management, Mr. Strachan said.
Other finalists were Baird Advisors and Ramirez Asset Management.
Investment consultant Callan Associates assisted.
