Placement Agent Policy

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The purpose of the Placement Agent Policy is to enhance the transparency of the investment decision-making process by requiring broad, timely, and updated disclosure of the existence of any relationships between SCERS’ investment managers and individuals or entities serving as a compensated representative of the investment manager for the purpose of securing an investment by SCERS.

The purpose of the Third Party Representation and Fee Sharing Policy is to help ensure that SCERS’ investment decisions are made solely on the merits of the investment opportunity, are reasonably prudent from a fiduciary perspective, and are consistent with SCERS’ Investment Policy and Objectives.

Placement Agent Policy