Milwaukee County Employees' Retirement System rehired Marquette Associates as investment consultant, said Erika Bronikowski, director, retirement plan services.
The $1.7 billion pension fund issued an RFP in November due to the impending expiration of Marquette's contract.
The other finalists were Aon Investments USA and Callan.
As of Jan. 31, the pension fund's actual allocation was 23.3% domestic equities, 18.5% fixed income, 15.3% international equities, 13.8% private equity, 10% infrastructure, 8.9% real estate, 8.4% hedged equity and 1.8% cash equivalents.