Louisiana District Attorneys' Retirement System, Baton Rouge, named four finalists in its search for an investment consultant.
The $507 million pension fund’s board will hold finalist presentations at an April 15 meeting and make its decision the next day, said Philip Qualls, the pension fund’s director.
The pension fund issued an RFP in October as part of its fiduciary duty to review major contracts. The finalists are AndCo Consulting (which will change to Mariner Institutional effective April 2), Meketa Investment Group and Segal Marco Advisors, along with the incumbent consultant, said Qualls.
He did not name the incumbent consultant, but recent board meeting minutes show the pension fund’s current consultant is Venn Equity Management.
As of Jan. 31, the pension fund’s actual allocation was 64.8% equities, 34.1% bonds and 1.1% cash.