Key Takeaways
- • The Plymouth County Retirement Association has selected Meketa Investment Group as its general and alternative market investment consultant, according to minutes from the March 28 board meeting.
- • The consulting contract runs an initial five years, followed by two one-year options.
- • Marquette and NEPC were also considered in the selection process.
Summary
The Plymouth County Retirement Association has chosen Meketa Investment Group to provide general and alternative market investment consulting services, according to meeting minutes from the board's March 28 meeting, as reported by dakota.com.
The contract with Meketa carries an initial term of five years, with two additional one-year renewal options. The minutes indicate the board weighed other candidates, including Marquette and NEPC, before selecting Meketa.
The mandate covers both traditional public market portfolios and alternative investments, placing Meketa in an advisory role over the retirement system's broader investment program. The source article does not disclose fee terms or the specific scope of alternative asset coverage beyond this description.
The contract with Meketa carries an initial term of five years, with two additional one-year renewal options. The minutes indicate the board weighed other candidates, including Marquette and NEPC, before selecting Meketa.
The mandate covers both traditional public market portfolios and alternative investments, placing Meketa in an advisory role over the retirement system's broader investment program. The source article does not disclose fee terms or the specific scope of alternative asset coverage beyond this description.
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