Key Takeaways
- • The Baltimore City Employees' Retirement System approved a one-year contract extension with investment consultant Meketa Investment Group, according to meeting minutes from the December 21 board meeting.
- • Judy Chambers serves as the main point of contact for the pension fund at Meketa.
- • The $2 billion Retirement System also uses Marquette as a separate investment consultant, meaning it runs a dual-consultant arrangement.
Summary
The City of Baltimore Employees' Retirement System (ERS) has approved a one-year contract extension with Meketa Investment Group, according to meeting minutes from the board's December 21 meeting, as reported by Dakota. The extension keeps Meketa in place as the pension fund's investment consultant for another year.
Judy Chambers is identified as the main point of contact for the pension fund at Meketa. The article does not disclose the fee terms or the scope of services covered by the extension.
The $2 billion Retirement System also works with Marquette for investment consulting, indicating that the fund draws on more than one consultant. The source does not describe how responsibilities are divided between the two firms.
The Dakota report is brief and draws its details from the public board minutes. It does not include board commentary or a rationale for the renewal.
Judy Chambers is identified as the main point of contact for the pension fund at Meketa. The article does not disclose the fee terms or the scope of services covered by the extension.
The $2 billion Retirement System also works with Marquette for investment consulting, indicating that the fund draws on more than one consultant. The source does not describe how responsibilities are divided between the two firms.
The Dakota report is brief and draws its details from the public board minutes. It does not include board commentary or a rationale for the renewal.
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