Plan Assets – $62,445,000,000General Consultant – Verus: Margaret JadallahReal Estate Consultant – Townsend: Felix FelsPrivate Equity Consultant – Aksia: Tom BernhardtMetro Area – NashvilleRecent Commitments
Plan Assets – $159,000,000,000General Consultant – Callan: Cody ChapmanMetro Area – Raleigh
Private Equity Opportunities
The Board discussed current private equity opportunities:
Plan Assets – $1,739,000,000General Consultant – Verus: Scott Whalen, Stuart O’DellMetro Area – Los Angeles
Private Markets Discretionary Advisor Search UpdateNEPC was selected as a search consultant for the 2021 project to hire a Private Markets Discretionary Advisor. The September 2020 amendment...
Plan Assets – $3,500,000,000General Consultant – Marquette: Patrick WingGeneral Consultant – Dahab: William DahabMetro Area – Harrisburg
Fixed Income Manager SelectionThe Board selected State Street Global Advisors to manage a portion of the fixed income portfolio.
Plan Assets – $32,023,000,000General Consultant – Meketa: Christy Field, David GlickmanGeneral Consultant – NEPC: Sam AustinHedge Fund Consultant – Albourne: Tathata LohachitkulMetro Area – Austin
Opportunistic Credit Asset AllocationThe Board will meet on August 25 to discuss eliminating...
Plan Assets – $63,159,000,000General Consultant – RVK: Tony JohnsonGeneral Consultant – Meketa: Frank BenhamReal Estate Consultant – StepStone: Jeremy GoldbergPrivate Equity Consultant – Adams Street: Kelly MeldrumHedge Fund Consultant - Aksia: Mike KremsMetro Area – St. Louis
Plan Assets – $38,112,000,000General Consultant – Cliffwater: Kathy BarchickMetro Area – Austin
Recent CommitmentsHayfin Healthcare Opportunities Fund US Parallel (Private Credit) - $100M
Plan Assets – $367,000,000General Consultant – Hyas Group: Jayson DavidsonMetro Area – Boise
General Consultant RFPThe Board was informed that their investment consultant, Hyas Group, is being acquired by Morgan Stanley’s Graystone Consulting, with the closing expected in early September. The Board...
Plan Assets - $62,400,000,000 Consultant - Meketa, Mercer, Townsend, Hamilton Lane Field Consultant - Frank Benham (Meketa), John Harris (Meketa), Mary Mustard (Meketa), William Dillard (Mercer), Rob Kochis (Townsend), Benjamin Eckroth (Hamilton Lane) Metro Area - Baltimore
Plan Assets – $250,526,000,000General Consultant – Cambridge: Samit Chhabra, Richard Grimm, Andre Mehta, Jim Mnookin, Sheila RyanGeneral Consultant - Mercer: Hugh Merkel, Jay LoveReal Estate Consultant – Townsend: Richard Brown, Seth MarcusMetro Area – JacksonvilleRecent Commitments (Q2 2021)
Plan Assets – $307,000,000General Consultant – Ellwood Associates: Dale Connors, Andy FiegelMetro Area – LincolnInvestment Consultant RFPThe Board is seeking proposals from investment consultants. The contract with Ellwood expires in December 2021.
Asset Allocation UpdateIn February 2021, the Board...
Plan Assets - $114,367,000,000 Consultant - Aon, Meketa Field Consultant - Kristen Doyle (Aon), Katie Comstock (Aon), Allan Emkin (Meketa), Neil Rue (Meketa), Gordon Latter (Meketa) Metro Area - Minneapolis
At the direction of the Executive Director, the SBI Staff have fully...
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