Sacramento County Employees Pension Fund, United States: Gresham Commodities mandate -Terminated

According to the most recent reporting(June 2019), the   Sacramento County Employees Pension Fund in the United States  approved the termination of the existing commodities mandate with Gresham Investment Management and SCERS’ approximate USD25 million investment in the firm’s The TAP Fund, Ltd., and transition the proceeds into the current State Street liquid real return overlay proxy

Verus (Wurts & Associates)     is the general investment consultant for the Fund.