Newport News (Va.) Employees' Retirement Fund hired Meketa Investment Group as investment consultant, said Sonja Eubank, city procurement administrator, in an email.
The $953 million pension fund issued an RFP in December due to the impending expiration of incumbent consultant Dahab Associates' contract on June 30.
Dahab was a finalist, along with NEPC and RVK.
As of June 30, 2018, the most recent data available, the pension fund's actual allocation was 24.1% domestic large-cap equities, 15.9% domestic midcap equities, 13.1% domestic small-cap equities, 12.8% international equities, 12.3% fixed income, 8% timber, 4.4% real estate, 4.2% private equity, 3.8% emerging markets equities and 1.4% cash.
