Abilene (Texas) Firemen's Relief and Retirement Fund hired PGIM Fixed Income to run $1 million in active emerging markets debt.
The $57 million pension fund's board approved the hiring at its May 18 meeting, recently released meeting minutes show.
Other finalists in a shortlist search were Capital Group and Lazard Asset Management.
The funding source was not provided in the minutes.
Investment consultant AndCo Consulting assisted.
Rodney Goodman, plan administrator, could not be immediately reached for further information.
