Glencoe (Ill.) Police Pension Fund rehired Great Lakes Advisors as its sole money manager and custodian, said Nikki Larson, the village's finance director, in an email.
The $40 million fund issued an RFP in August.
Other finalists were Mesirow Financial, National Investment Services and Sawyer Falduto Asset Management.
As of Feb. 28, 2019, the most recent data available, the pension fund's actual allocation was 51.4% equities and 45.6% fixed income. The remainder was not disclosed in prior pension fund board meeting minutes.
