Dallas Employees' Retirement Fund has named four firms for on-site due diligence visits in its search for an investment consultant.
The $3.6 billion pension fund named Marquette Associates, Meketa Investment Group, RVK and current consultant Wilshire Associates as the firms that will get due diligence visits through January, according to board meeting materials emailed by Anita Gage, senior pension specialist.
The pension fund issued an RFP in September due to the upcoming expiration of Wilshire's contract on Sept. 1, 2020.
From the list of four firms, finalists will be chosen Feb. 11; they will make presentations April 14 and a selection will also be made April 14.
As of June 30, the pension fund's actual allocation was 14.3% global fixed income; 14% international equities; 13.4% domestic equities; 11.4% real estate; 9.9% each, global low-volatility strategies and high yield; 7.1% each, global equities and master limited partnerships; 6.9% private equity; 5% credit opportunities and 1% cash equivalents.