Mar 25, 2026BoardMeeting
BoardTexas Municipal Retirement System Meeting Minutes
The Investment Committee reviewed its charter and expectations for future meetings. Discussions included the City Benefit Accumulation Fund interest credit allocation process, a historical review of the investment program, and an evaluation of 2024 investment practices and performance. The committee considered and approved amendments to the Investment Policy Statement, including the addition of investment guidelines and clarification of delegation authority, while also recommending the removal of an investment belief related to environmental, social, and governance research. Additionally, the committee received reports on private equity markets, chief investment officer updates, and quarterly performance reviews from consultants.