Hawaii Employees' Retirement System, Honolulu, rehired Pension Consulting Alliance as its general investment consultant, pending final contract negotiations, said an award letter on the $15.4 billion pension fund's website.
An RFP was issued in March due to PCA's June 30 contract expiration.
As of Dec. 31, the pension fund had a target asset allocation of 83% broad growth, 12% principal protection and 5% real return.
Vijoy Chattergy, chief investment officer, could not immediately be reached for further information.