Legislation Details

File #: 2025-00207    Version: 1
Type: Discussion Item Status: Agenda Ready
File created: 12/17/2024 In control: Administration, Investment, & Fiscal Management Board
On agenda: 2/20/2025 Final action:
Title: Segal Marco Advisors Quarterly Investment Performance Report for December 2024
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Segal Marco Advisors Quarterly Investment Performance Report for December 2024

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FileID

File ID: 2025-00207

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Location

Location: Citywide

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Recommendation

Recommendation: Pass a Motion accepting the Segal Marco Advisors Quarterly Investment Performance Report dated December 31, 2024.

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Contact

Contact: Jeffrey Nipp, Senior Vice President, (770) 446-0237, jnipp@segalmarco.com; Michael Lyons, Vice President & Senior Consultant, (415) 656-6539, mlyons@segalmarco.com; Segal Marco Advisors

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Presenter

Presenter: Jeffrey Nipp, Senior Vice President, (770) 446-0237, jnipp@segalmarco.com; Michael Lyons, Vice President & Senior Consultant, (415) 656-6539, mlyons@segalmarco.com; Segal Marco Advisors

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Attachments

Attachments:

1-Description/Analysis

2-Segal Marco Advisors Quarterly Investment Performance Report dated December 31, 2024

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Description/Analysis

IssueDetail

Issue Detail: Routine quarterly investment performance report provided to the board.

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PolicyConsiderations

Policy Considerations: None.

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EconomicImpacts

Economic Impacts: None.

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EnvironmentalConsiderations

Environmental Considerations: Not applicable.

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Sustainability

Sustainability: Not applicable.

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Commission/CommitteeAction

Commission/Committee Action: Not applicable.

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RationaleforRecommendation

Rationale for Recommendation: Per SCERS investment policy, the Board shall retain the services of a consultant to determine appropriate performance benchmarks and to report on the investment performance of the System’s funds against such benchmarks on a quarterly basis.

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FinancialConsiderations

Financial Considerations: None.

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..LocalBusinessEnterprise(LBE)

Local Business Enterprise (LBE): Not applicable.

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