Adams County Retirement Plan, Brighton, Colo., rehired CAPTRUST Financial Advisors as investment consultant, according to an intent to award notice posted on the BidNet Direct procurement website.
The $396 million pension fund issued an RFP in February due to the upcoming expiration of CAPTRUST’S contract, said Debbie Haines, executive director, at the time.
No other finalists were named.
As of Dec. 31, the pension fund’s actual allocation was 43% public equities, 18.9% fixed-rate debt, 13.3% floating-rate debt, 10.4% real estate, 8.2% private equity and 6.2% cash.
The target allocation is 40% public equities, 20% fixed-rate debt, 15% each floating-rate debt and real estate, and 10% private equity.
