Dallas Police & Fire Pension System rehired Meketa Investment Group as general investment consultant and hired Albourne America as private markets consultant.
The $1.9 billion pension fund's board approved the hirings at its July 13 meeting, a meeting summary on its website shows.
The pension fund issued an RFP earlier this year, which gave firms the option of bidding for both general and private markets services or one or the other.
In January phone interview, Chief Investment Officer Ryan Wagner said Meketa was the sole incumbent investment consultant, and the pension fund decided to add services for private markets consulting because it plans to make more commitments to private markets in the near future.
DPFP has been overallocated to private equity for the past few years and has not made any new commitments since 2016, Mr. Wagner said at the time.
As of March 31, the pension fund's actual allocation was 44.1% global equity, 21.5% fixed income and cash, 16.8% real assets, 12.7% private equity and 4.7% emerging markets equities.
Mr. Wagner could not be immediately reached for further information.
