The Employees Retirement System of Texas said it has chosen CitiStreet Advisors LLC to supply advice to participants in the state government's defined contribution program.

The retirement program provides benefits to more than 64,000 Texas state employees who participate in its 401(k) and 457 plans, which have $940 million of assets, CitiStreet said Wednesday.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.