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DCRB Response to Inquiries Regarding an Investment Manager Search

Monday, July 3, 2017

The information below is in response to inquiries received by the District of Columbia Retirement Board (DCRB or the Board) following the Board’s meeting of June 22, 2017:

The Trustees of the District of Columbia Retirement Board approved an investment manager search at its meeting on June 22, 2017. The search will be led by Meketa Investment Group, the Board’s non-discretionary investment consultant. The investment manager search will take place over the course of the next several months. There are no further details to be shared at this time. Announcement of the new investment manager will be noted in the minutes of a future Board meeting, and subsequently posted on the Board’s website.

Investment managers who have expressed interest in managing a portion of the Board’s public assets should update their information with both Meketa and eVestment Alliance, a database of institutional investment managers, on a quarterly basis. There is no cost to participate in these databases. All firms, including those that are majority-owned by ethnic minorities, women, veterans and persons with disabilities, are encouraged to consistently report performance and other information in the databases.

Please note that DCRB’s Investment Staff generally doesn’t meet with prospective managers outside of the search process and all inquiries from prospective managers will be directed to Meketa.