SJCERA Close To Selecting Diversifiers Manager

The USD3.6 billion San Joaquin County Employees’ Retirement Association has narrowed down a shortlist of potential diversifiers managers to three firms that it believes would complement its current spread of crisis risk offset managers. SJCERA’s consultant Meketa wrote a memo to the plan’s July board meeting that assesses managers that align with SJCERA’s strategic asset allocation goals for its global equity and CRO buckets, as well as developing its investment manager lineup. The memo is available on MandateConnect.