Searches and Hires

El Paso County selects Wilshire as OCIO

El Paso County Retirement Plan, Colorado Springs, Colo., hired Wilshire Consulting at its outsourced chief investment officer, confirmed Thomas Pfeifle, executive director of the $360 million pension system.

Wilshire, the county plan's first OCIO, will replace non-discretionary investment consultant Ellwood Associates effective Feb. 28. Ellwood Associates submitted a bid.

The RFP was issued in September because the retirement board requested the county put a bid out for investment advisory services that were more discretionary in nature.

BlackRock (BLK), Cambridge Associates, Russell Investments and SEI Investments (SEIC) were the other finalists.