Key Takeaways
- • The Louisiana State Police Retirement System (LSPRS) selected Meketa as its general investment consultant, concluding its consultant search, according to Dakota.
- • UBS and NEPC were named as finalists that interviewed for the mandate.
- • LSPRS reported a market value of approximately $1.07 billion as of December 31, 2023.
- • The hire was reported as a fundraising news item dated April 19, 2024.
Summary
The Louisiana State Police Retirement System (LSPRS) has selected Meketa as its general investment consultant, concluding the search, according to a Dakota report dated April 19, 2024. UBS and NEPC were also finalists that interviewed for the mandate.
LSPRS, a qualified pension plan under Section 401(a) of the Internal Revenue Code, provides retirement, disability, and survivor benefits to Louisiana State Police personnel. As of December 31, 2023, the plan had a market value of approximately $1.07 billion.
Publisher listings on Dakota's site describe the hire as part of a broader wave of first-half 2024 investment consultant searches, with Meketa frequently appearing as general consultant to public safety pension systems. The primary source does not disclose the terms, fee structure, or contract length of the engagement.
LSPRS, a qualified pension plan under Section 401(a) of the Internal Revenue Code, provides retirement, disability, and survivor benefits to Louisiana State Police personnel. As of December 31, 2023, the plan had a market value of approximately $1.07 billion.
Publisher listings on Dakota's site describe the hire as part of a broader wave of first-half 2024 investment consultant searches, with Meketa frequently appearing as general consultant to public safety pension systems. The primary source does not disclose the terms, fee structure, or contract length of the engagement.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.