Name: Marin County Employees’ Retirement Association
Headquarters: San Rafael, US
AUM: $3.31 billion
Allocation to alternatives: 25.8%
After issuing a request for proposal for general investment consulting services in February and conducting interviews, the Marin County Employees’ Retirement Association ad hoc committee has voted for Callan to be contracted. Apart from being MCERA’s existing investment consultant, the committee concluded that Callan possesses relevant experience and subject matter expertise.
The RFP was sent directly to the following firms, who responded with applications: Aon Consulting, Callan, Meketa Investment Group, NEPC, RVK and Verus.
The final agreement will be presented to the board of Marin County Employees’ Retirement Association on July 10.
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