Cincinnati rehires investment consultant
The City of Cincinnati Retirement System has rehired Marquette Associates as its investment consultant, according to Don Beresford, finance manager for the pension fund. The $2.3 billion pension fund issued an RFP in November; Marquette Associates’ current contract will expire in December 2015. Callan Associates, Dahab Associates, Meketa Investment Group, NEPC and Portfolio Evaluations were all being considered as well. The board decided that continuing with Marquette most closely fits the needs of CRS.