Key Takeaways
- • The State Teachers Retirement System of Ohio (STRS Ohio) selected Meketa as its new general investment consultant, according to board news from its October meeting.
- • Wilshire, Callan, and Aon were the other firms considered in the search.
- • Callan will continue in its role as STRS Ohio's alternative investment consultant.
- • The source article is a brief item with no reported fee terms, mandate size, or contract length.
Summary
The State Teachers Retirement System of Ohio has chosen Meketa as its new general investment consultant, according to board news from the system's October meeting, as reported by Dakota. The selection followed a consultant search in which Wilshire, Callan, and Aon were also considered.
Callan, which previously served in the general consultant role, will remain as STRS Ohio's alternative investment consultant. The split arrangement means the pension system will rely on Meketa for overall portfolio consulting while Callan continues to advise on alternative asset allocations.
The original report did not disclose contract terms, fees, or the size of the mandate. Dakota also referenced related coverage of a separate Callan selection by STRS Ohio for alternative investment consulting, and of New Mexico's State Investment Council choosing Meketa for private debt consulting.
Callan, which previously served in the general consultant role, will remain as STRS Ohio's alternative investment consultant. The split arrangement means the pension system will rely on Meketa for overall portfolio consulting while Callan continues to advise on alternative asset allocations.
The original report did not disclose contract terms, fees, or the size of the mandate. Dakota also referenced related coverage of a separate Callan selection by STRS Ohio for alternative investment consulting, and of New Mexico's State Investment Council choosing Meketa for private debt consulting.
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