Boston Retirement System rehired NEPC as investment consultant, said John F. Kelly, investment analyst, in an email.
The $6.8 billion pension fund had issued an RFP in February due to regulatory requirements as well as overall due diligence, Mr. Kelly said at the time. The other finalist was Meketa Investment Group, he said in his email Tuesday.
As of Dec. 31, the pension fund's actual allocation was 25.7% domestic equities, 25.5% public fixed income, 24.6% international equities, 9.9% private equity, 8.6% real estate, 4.6% hedge funds and 1.1% cash.