CalPERS MDP

Founded in 1991, LM utilizes a long-term macroeconomic, fundamental investment approach to assemble concentrated fixed income portfolios. LM's investment process incorporates "Global Scenario Planning," a structured, team-based methodology that helps to identify the most attractive environments for investment and serves as a risk management tool. 

Established in 2002, NorthRoad manages concentrated global and international equity portfolios. NorthRoad's investment philosophy is founded on the belief that, over the long term, equity prices should reflect a company's ability to generate returns on its invested capital. NorthRoad was founded by a team of investment and sales professionals that have worked together for many years.

Founded in 2000, Stux is a U.S. equity manager that uses analytically disciplined and quantitative methods to discover and exploit the relationships that exist between publicly available information and subsequent asset performance. The firm models these relationships using a database of timely and relevant macroeconomic and fundamental information and a set of mathematical and statistical techniques.