Town of Fairfield Replaces NEPC
April 3, 2009
The Town of Fairfield joint pension board has tapped Evaluation Associates to assist with its investment decisions.
In January, the Connecticut town terminated its contract with consultant NEPC based on advice it received from the firm, resulting in a $42 million investment loss in Bernard Madoff's Ponzi scheme.
A report in The Connecticut Post notes that Rogerscasey was also considered for the investment consultant contract.
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