Westmoreland County Employees' Retirement System, Greensburg, Pa., is searching for an investment consultant.
The $639 million pension fund issued a request for information as a due diligence measure, said Regis Garris, the county's deputy controller. Current consultant Gallagher Fiduciary Advisors is eligible to rebid, Mr. Garris said.
As of March 31, the pension fund's actual allocation was 34.4% domestic all-cap and large-cap equities; 26.9% fixed income; 13.7% international equities; 12.1% alternatives; 6.5% domestic smidcap equities; and 6.4% global equity.
The RFI is available on the county's website. Responses are due at 2 p.m. EDT on Oct. 4. A timeline for a selection has yet to be determined.
