Searches and Hires

Fulton-DeKalb Hospital Authority plan picks 2 investment consultants

Fulton-DeKalb Hospital Authority Employees Retirement Plan, Atlanta, hired Disciplina Group and FIS Group as investment consultants, a spokeswoman said in an email.

The $227 million pension fund issued an RFP in April as a due diligence measure as incumbent consultant Consequent Capital Management's contract was approaching expiration, Ms. Uribe said at the time.

The hirings are pending contract negotiations. "Disciplina and FIS would both provide advisory services as requested by the authority and the authority would maintain all decision-making responsibilities," the spokeswoman said. "Following finalization of an acceptable agreement, we will work with Disciplina to determine the specifics of subadvisory services."

The plan, which was frozen in May 2008, has target allocations of 45% to 70% domestic equities; 10% to 45% domestic investment-grade fixed income; 5% to 20% each global investment-grade fixed income and international equities; and zero to 5% each alternatives and cash.