Plymouth (Mass.) Retirement System rehired Boston Trust Walden to manage about $19 million in active domestic small-cap core equities.
The $252 million pension fund’s board approved the hiring at its June 28 meeting, recently released meeting minutes showed.
The pension fund issued an RFP in March to comply with Massachusetts Public Employee Administration Commission requirements that services must be put up for bid every seven years, said Wendy Cherry, executive director, at the time.
There were no other finalists, according to the minutes.
Investment consultant Fiducient Advisors assisted.
