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Ann Arbor Employees' Retirement System
The Ann Arbor Employees' Retirement System provides pension, disability and death benefits to city employees and beneficiaries. It was established as a...
Ann Arbor Employees' Retirement System
The Ann Arbor Employees' Retirement System provides pension, disability and death benefits to city employees and beneficiaries. It was established as a municipal plan without a disclosed founding year or originating family wealth source. Allocations include private equity funds such as Mesirow Financial Private Equity Fund VIII-A and Ironsides Direct Investment Fund V, plus real estate vehicles including Carlyle Realty Fund VIII, AEW Core Property Trust and DRA Growth and Income Fund X. Infrastructure exposure runs through BlackRock Global Renewable Power Fund III and JP Morgan Infrastructure Fund. Geographic reach centers on the United States with additional global natural resources and infrastructure positions. The plan reports 659 million dollars in assets. It retains Meketa Investment Group as investment advisor since 2011, Northern Trust as custodian, Gabriel Roeder Smith & Company as actuary and Rehmann as auditor. The system maintains membership in the Michigan Association of Public Employee Retirement Systems. Governance rests with a board that includes citizen trustees and city officials, separating investment policy oversight from day-to-day city operations through dedicated retirement system staff.
General information
Firm type
Pension Fund
Location
Region
North America
Country
United States
City
Ann Arbor
Corporate office
532 S. Maple Road, Ann Arbor, MI 48103, United States
Principals
Jeremy Flack
Chairperson of the Board of Trustees
Wendy Orcutt
Executive Director
Anthony DiGiovanni
Board Member and Chairperson of the Investment Policy Committee
Marti Praschan
Ex-Officio Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Ann Arbor Employees' Retirement System?
The board of trustees sets policy, with Anthony DiGiovanni chairing the Investment Policy Committee. Wendy Orcutt serves as Executive Director. Meketa Investment Group provides external advisory support.
Does Ann Arbor Employees' Retirement System participate in fund commitments or only direct deals?
The system commits to private equity, real estate and infrastructure funds as a limited partner. Confirmed holdings include Mesirow Financial Private Equity Fund VIII-A, Ironsides Direct Investment Fund V and BlackRock Global Renewable Power Fund III.
What asset classes does Ann Arbor Employees' Retirement System target?
Current allocations cover private equity at 6.22 percent against a 7 percent target, real estate funds, infrastructure and natural resources. Public equity exposure occurs through external managers such as WCM Investment Management.
Where does the underlying wealth come from for Ann Arbor Employees' Retirement System?
The plan is funded by contributions from the City of Ann Arbor and its employees as a single-employer defined benefit retirement system.
How is Ann Arbor Employees' Retirement System related to the City of Ann Arbor?
It operates as a municipal pension plan governed by the City Charter and City Code Chapter 18. The city provides funding and certain ex-officio trustees including the Chief Financial Officer.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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