Andover (Mass.) Contributory Retirement System rehired Dahab Associates as investment consultant.
The $361 million pension fund's board approved the rehiring at its Dec. 22 meeting, said Elena M. Kothman, executive director of retirement services, in an email.
The pension fund issued an RFP in September due to the upcoming expiration of Dahab's contract on April 30. The other finalists were Fiducient Advisors and Meketa Investment Group.
The pension fund has 50% allocated to the Massachusetts Pension Reserves Investment Trust Core fund, 32% in "PRIT sleeves" and 18% in passive domestic small-cap and midcap portfolios managed by RhumbLine Advisers, according to the September RFP.
