Searches and Hires

Fairfax County Water taps Cortex Applied Research to develop RFP for investment consultant

Fairfax County (Va.) Water Authority Retirement Plan hired governance consultant​ Cortex Applied Research to help develop an RFP for an investment consultant or outsourced chief investment officer, according to a notice of contract award posted on the authority's procurement website.

The authority issued an RFP in November. The timeline of the consultant/outsourced CIO search, whether the $250 million pension fund has a current consultant or OCIO and whether that firm will be invited to rebid could not be immediately learned.

Donald R. Legg, procurement manager, was not available to provide further information.