Investment Chiefs Leave Kentucky Retirement Systems for Consulting Firm

The CIO and deputy CIO of the Kentucky Retirement Systems (KRS) will leave the struggling $18.7 billion pension fund this month to go into consulting. 

The pension fund is launching a search to replace Rich Robben, executive director of its office of investments, and Deputy Executive Director Andy Kiehl. Their last day at KRS is Sept. 30. They start at Florida-based investment consulting firm AndCo Consulting on Oct. 5.

“Rich and Andy are strong additions to our team of professionals and believe in our customized client solution service approach,” read an AndCo statement.

“Adding  two  practitioners  who have managed and allocated assets from a client’s perspective in the large public plan space will bring a wealth of practical experience and further enhance our ability to add tangible value for our clients,” it continued.  

Rich Robben (top) and Andy Kiehl, CIO and deputy CIO of the Kentucky Retirement Systems

Robben has

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Vanguard Group Inc. Sells 41,914 Shares of Huron Consulting Group (NASDAQ:HURN)

Vanguard Group Inc. trimmed its stake in Huron Consulting Group (NASDAQ:HURN) by 2.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 2,082,429 shares of the business services provider’s stock after selling 41,914 shares during the quarter. Vanguard Group Inc. owned about 0.09% of Huron Consulting Group worth $92,148,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HURN. AJO LP bought a new position in shares of Huron Consulting Group in the 1st quarter worth $29,000. New York State Teachers Retirement System acquired a new position in Huron Consulting Group during the 2nd quarter valued at about $35,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Huron Consulting Group by 129.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,468 shares of the business services provider’s stock valued at $153,000 after purchasing an

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J.S. Held acquires Canadian consulting firm

Jericho-based J.S. Held, a global, multi-disciplinary consulting firm, ahas acquired Examine Construction Consultants Inc. (Examine), a construction consulting firm operating from offices in Montréal and Toronto, Canada.

Examine has extensive experience providing support on construction-related matters in both English and French throughout North America and France.

The transaction expands J.S. Held’s global Construction Advisory Practice, supporting clients throughout the United States, Canada, Latin America, Europe, and the Middle East. 


“We have worked with the Examinteam on previous projects, and their expertise and professionalism align with our high standards of quality and service,” said Sean Donohue, Senior Executive Vice President and Global Leader of J.S. Held’s Advisory Services Division.

Mark Cohen, Senior Managing Director and J.S. Held’s Construction Advisory Services Global Practice Leader said, “This acquisition allows us to offer additional, local support to our Canadian clients and strengthens our ability to address large, complex projects around

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Boston Consulting Group rehired at $2M to conduct cost-saving study for Connecticut

Connecticut Gov. Ned Lamont has again turned to Boston Consulting Group for another $2 million study, this one centered on how to manage a strategy that will involve reducing the state’s costs by some $500 million a year.

boston consulting group connecticut LamontThe study is designed to evaluate workforce efficiency and organizational design that would prepare Connecticut for a significant number of anticipated retirements among state employees by 2022.

The goal of the project is to generate recommendations about how best to mitigate the risk of the potential retirements and use the opportunity to modernize and improve how state government provides its critical services to Connecticut residents while reducing cost.

Boston Consulting Group (BCG) was selected after a competitive bidding process to assist in completing the study and to provide recommendations to Lamont and the members of the General Assembly.

The three-phase process will entail the following:

  • Phase 1 will include analysis of executive
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Consulting – Specifying Engineer | Top 5 Consulting-Specifying Engineer articles: September 21-27, 2020

Consulting-Specifying Engineer‘s top 5 articles online over the past week covered fire safety, arc flash mitigation, government building design, integrated buildings and the COVID-19 pandemic and better building ventilation. Were you out last week? Catch up with a link to each article below.

1. Creating fire safety resilience – Collaboration and specialized design considerations will provide resilience for more buildings and cities as they prepare for fire and other events impacting life safety.

2. Your questions answered: Arc flash mitigation – Reducing arc flash to electrical personnel is an evolutionary process. Learn more in this Q&A.

3. Best practices for designing electrical, power and lighting in government buildings – Learn how to specify electrical, power and lighting systems for government and military buildings.

4. How integrated buildings can react in pandemics – Integrated buildings can support an effective response in a pandemic, and assist with long-term planning.

5. Why

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Consulting firm moves to Synergy cloud for greater transparency and efficiency

Contour Consulting Engineers, a 15-year-old consulting practice, follows a well-established tradition of service-oriented client focus with an impressive amount of professional energy invested in their customers’ projects.

When Crystal Cook joined Contour in 2018, she found that the firm’s dedication to their clients and the quality of engineering left them with very little time to devote to business management, resulting in project financial management taking a backseat to service delivery. 

“There was an area of the finance side of things missing, and I guess the majority of our people lacked the understanding of the importance of that within the business — particularly our staff,” recalls Crystal.

Though Contour had been utilising Synergy’s original desktop software for about 15 years, Crystal found it was only used for time-sheeting and invoicing. 

Crystal Cook was brought into the business to create change within the business’s finance and project coordination/ management processes for projects; 

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Hall Render Relaunches Consulting Services

INDIANAPOLIS, Sept. 23, 2020 /PRNewswire/ — Hall, Render, Killian, Heath & Lyman, the nation’s largest health care-focused law firm, is pleased to announce the relaunch of its consulting arm, Hall Render Advisory Services (HRAS) with a new website

Hall Render Advisory Services is a national consultancy that combines the breadth and depth of the Hall Render legal team with specialized consulting expertise in health care for matters related to information technology best practices, mergers and acquisitions, compliance, Medicare reclassification, real estate and construction and payment and reimbursement.

With years of extensive experience, our consultants provide time-tested knowledge of the complex, highly regulated health care landscape and specific insights and recommendations to further your business objectives. The group’s growing network of health care clients encompasses a wide variety of entities, including hospitals and hospital systems, community hospitals, long-term care facilities, large medical groups and solo practice physicians.


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FS official admits to receiving over R600K from Blackhead Consulting

a man wearing a suit and tie sitting at a table: A screenshot of Free State Housing HOD Nthimotse Mokhesi at the state capture commission on Monday, 28 September 2020.

© SABCNews/Youtube
A screenshot of Free State Housing HOD Nthimotse Mokhesi at the state capture commission on Monday, 28 September 2020.

JOHANNESBURG – Free State housing HOD Nthimotse Mokhesi has admitted to using a family trust to receive nearly R650,000 from a supplier who was awarded the R255 million asbestos project, but he did not disclose it.

Mokhesi told the state capture commission on Monday that in hindsight he should not have entered into the deal, which saw businessman Edwin Sodi paying the money for his house.

He claimed that it was an investment partnership, but the commission questioned him about why Sodi did not appear anywhere in the ownership documents.

Blackhead Consulting, a company that did not have any expertise to audit or remove asbestos, was paid R255 million for the job in the Free State.

Six months later, its director Sodi paid R650,000 to a family trust of

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Peloton Consulting Group acquires TRI Consulting Services to expand Oracle Services Globally in Brazil, Latin America, and Asia Pacific

Peloton Consulting Group acquires TRI Consulting Services to expand Oracle Services Globally in Brazil, Latin America, and Asia Pacific

BOSTON (PRWEB) September 28, 2020

Peloton Consulting Group (“Peloton”), a leading consulting firm specializing in digital transformation, announces the expansion of its global delivery services with the acquisition of TRI Consulting Services (“TRI”).

The acquisition builds on Peloton’s cloud and enterprise application expertise. Peloton provides a best practice approach to helping customers modernize business processes combined with implementation expertise to drive digital transformation. Peloton is a leader in Oracle Cloud Enterprise Resource Planning (ERP), Human Capital Management (HCM), Supply Chain Management SCM), Customer Experience (CX), Enterprise Performance Management (EPM) and Analytics, providing advisory, implementation, and managed application services globally.

TRI is a leader in Oracle consulting and managed application services for global enterprises in some of the world’s most complex markets. TRI has over 150 bilingual Oracle consultants specializing in implementations,

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Ivanka Trump appears to have been paid consulting fees as a Trump executive

Ivanka Trump appears to have been paid hundreds of thousands of dollars in ‘consulting fees’ that helped reduce her father’s tax bills while she was working as an employee of the Trump Organization.

President Donald Trump’s eldest daughter, who used to work as a top executive at the Trump Organization, appears to have been the recipient of some of the unexplained consulting fees set aside for his real estate deals and projects.

The details emerged on Sunday in a New York Times report about Trump’s previously private tax filing information. 

The tax records show that Trump was able to partly reduce his tax bills between 2010 and 2018 by writing off about $26 million in consulting fees.

A payment of $747,622 to an unnamed Trump Organization consultant is the exact amount Ivanka declared in her own public disclosure filings when she joined the White House as an adviser in 2017. 

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