LACERS Remains with PCA
By Marc Sorondo | June 30, 2009 | Leads Database
The Los Angeles City Employees' Retirement System (LACERS) has extended the contract of general investment consultant Pension Consulting Alliance (PCA) for an additional year, said Linda Aparicio, spokeswoman for the $8.2 billion California plan. PCA's contract was set to expire on June 30, but will now go through to June 2010. Aparicio noted that the extension would give the board time to consider conducting a general investment consultant search in the future. The board also approved…
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