The NAIC Institutional Investor Forum is a members-only event that brings together high ranking investment managers with limited partners and government officials to share insights and market intelligence as well as network.
NAIC Institutional Investor ForumsThese forums also give potential investors an opportunity to connect with NAIC members and provide a platform to discuss manager performance, investment strategies and relevant emerging manager programs. These exclusive events are for institutional investors, government officials, and C-level investment executives who want to interact and build relationships.
Chicago: February 4-5, 2016
The NAIC Capital Allocators Roadshows kicked off for 2016, beginning February 4th and 5th in the Chicago area. Over the two days, NAIC members met with Chicago Teachers Pension Fund (CTPF), Exelon, Illinois Municipal Retirement Fund (IMRF), Illinois State Board of Investment (ISBI), Illinois State Universities Retirement System (SURS), and Muller & Monroe. The meetings provided an opportunity for each institutional investor to share information about their program while getting to know NAIC members and other participating LPs better.
- Chicago Teachers Pension Fund (CTPF), a $10.5 billion pension fund
- Muller & Monroe, which manages almost $700 million of capital, with more that 60% of that allocated to minority funds.
- Exelon's $34 billion pension plan
- Illinois Municipal Retirement Fund (IMRF), which serves almost 3,000 employers and has approximately $33 billion in assets
- Illinois State Board of Investment (ISBI), which has $19 billion in AUM ($15 billion in the DB plan)
- Illinois State Universities Retirement System (SURS), a $16 billion retirement plan
Los Angeles: April 11-12, 2016
The NAIC and several members held a series of meetings on April 11 and 12 with institutional investors in the Los Angeles area — the Los Angeles County Employees Retirement System (LACERS), Los Angeles Fire and Police Pensions (LAFPP), and Los Angeles County Employees Retirement Association (LACERA). The meetings provided an excellent opportunity for each institutional investor to share information about their program, network and get to know NAIC and its participating members.
- Los Angeles County Employees Retirement System (LACERS): A $14.1 billion diversified plan with 12% in Alternative Investments that allocates $325 to $350M per year.
- Los Angeles Fire and Police Pensions (LAFPP): $18.36 billion in assets with a 10% allocation target for private equity.
- Los Angeles County Employees Retirement Association (LACERA): A $46.8 billion plan with a 9% ($4.378B) private equity allocation.
Boston: July 12-13, 2016
The NAIC Road Show stopped in Boston July 12-13th where the NAIC and 13 members participated in a series of meetings with local institutional investors and advisors. NEPC, The Meketa Group, Cambridge Associates, and the Massachusetts Pension Reserves Investment Management Board (PRIM) were represented and each institutional investor shared information about their program while getting to know NAIC and its participating members better. The meetings marked the first time NAIC has devoted a substantial portion of a roadshow with several influential investment consultants.
- NEPC is one of the industry’s largest independent, full-service investment consulting firms, serving over 300 retainer clients with total assets over $900 billion.
- Meketa Investment Group is a full-service investment consulting and advisory firm whose bite sizes for clients range from $3 to 5 million up to $50 million (for allocations across multiple clients).
- Cambridge Associates is an advisor whose clients have assets exceeding $1.5 trillion, with Cambridge overseeing over $150 billion worth of assets – $39 billion in hedge funds and $27 billion in private equity.
- Massachusetts Pension Reserves Investment Management Board (PRIM) manages over $60 billion in assets ($6.8 billion in private equity).
Baltimore: October 25, 2016
The National Association of Investment Companies (NAIC) Road Show stopped in Maryland where 14 members met with six institutional investors and one advisory firm. Among the institutions represented were: Maryland State Retirement and Pension System, Pavilion Alternatives Group, Brown Advisory, American Trading and Production Corporation, Baltimore City Fire & Police, District of Columbia Retirement Board and the Annie E. Casey Foundation.
- Maryland State Retirement and Pension System, which manages approximately $46 billion
- Pavilion Alternatives Group, which has 46 clients, including several large public pension plans
- Brown Advisory, which was spun out of Alex Brown and has $57 billion in assets under management
- American Trading and Production Corporation, a $1 billion family office;
- District of Columbia Retirement Board, which has a $6.5 billion investment portfolio
- Annie E. Casey Foundation, which has $2.5 billion in assets under management