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Home My WebLink AboutReports - 2020.03.23 - 33098Oakland County Employees' Retirement System Asset / Manager Summary - March 23, 2020 Asset Class / Manager MV ($000)%MV ($000)%Add/Reduce SSgA S&P 5001 $29,367 4.6%$31,683 5.0%$2,316 SSgA S&P 500 EW 1 $27,484 4.3%$31,683 5.0%$4,199 2/29 MV less 22% T. Rowe Price Enhanced 500 $56,267 8.9%$63,366 10.0%$7,099 TimesSquare Mid Growth $10,878 1.7%$11,881 1.9%$1,003 Great Lakes Small/Mid Core $9,397 1.5%$11,881 1.9%$2,484 Reinhart Small/Mid Core $9,072 1.4%$11,881 1.9%$2,809 Wedge Capital Mid Value $7,878 1.2%$11,881 1.9%$4,003 Loomis, Sayles Small Growth $16,403 2.6%$23,762 3.8%$7,359 LMCG Small Value $16,412 2.6%$23,762 3.8%$7,350 ABS Global L/S Equity1 $47,361 7.5%$31,683 5.0%($15,678) Total US Equity $230,519 36.4%$253,464 40.0%$22,945 2.5% added to allocation (unallocated other assets) Lazard Intl Equity $27,607 4.4%$41,188 6.5%$13,581 Pictet Intl Equity1 $45,258 7.1%$38,020 6.0%($7,238) Berkley Street Emerging Mkts.1 $15,722 2.5%$15,841 2.5%$119 Total Intl Equity $88,587 14.0%$95,049 15.0%$6,462 2.5% added to allocation (unallocated other assets) CS McKee Core Fixed $118,159 18.6%$111,732 17.6%($6,427) Loomis, Sayles Core Plus $72,838 11.5%$63,366 10.0%($9,472) Templeton Global Fixed1 $36,212 5.7%$31,683 5.0%($4,529) Churcill Direct Lending1 $13,919 2.2%$15,000 2.4%$1,081 $15MM Commitment Total Fixed Income $241,128 38.1%$221,781 35.0%($19,347)3% added to allocation (unallocated other assets) MS Prime Property RE1 $37,554 5.9%$30,693 4.8%($6,861) Prudential PRISA II VA RE1 $19,653 3.1%$12,673 2.0%($6,980) AEW Partners VIII 1 $2,907 0.5%$5,000 0.8%$2,093 $5MM Commitment Dune IV1 $1,076 0.2%$5,000 0.8%$3,924 $5MM Commitment; 1st call expected 3Q19 Alidade IV1 $4,643 0.7%$5,000 0.8%$357 $5MM Commitment Walton Street Capital1 $3,658 0.6%$5,000 0.8%$1,342 $5MM Commitment Private Investments1,2 $3,894 0.6%$0 0.0%($3,894) Total Real Estate $73,385 11.6%$63,366 10.0%($10,019) Cash Account $40 0.0%$0 0.0%($40) Total Fund $633,659 100.0%$633,659 100.0%$0 Market values from Northern Trust as of 3/20/20. 1. Market values not updated daily by Northern Trust. 2. Currently represents investment with JPM European Property Fund and Valstone. 2/29 MV less 22% Current Allocation Target Allocation Comments Target Allocation = 20% target less Churchill. Target Allocation = 10% RE target less VA mgrs. Oakland County Employees' Retirement System - VEBA Asset / Manager Summary - March 23, 2020 Asset Class / Manager MV ($000)%MV ($000)%Add/Reduce SSgA S&P 5001 $55,365 4.9%$56,706 5.0%$1,340 SSgA S&P 500 EW 1 $51,042 4.5%$56,706 5.0%$5,664 2/29 MV less 22% T. Rowe Price Enhanced 500 $103,985 9.2%$113,411 10.0%$9,426 TimesSquare Mid Growth $22,329 2.0%$21,265 1.9%($1,064) Great Lakes Small/Mid Core $16,329 1.4%$21,265 1.9%$4,936 Reinhart Small/Mid Core $15,575 1.4%$21,265 1.9%$5,690 Wedge Capital Mid Value $14,391 1.3%$21,265 1.9%$6,874 Loomis, Sayles Small Growth $37,440 3.3%$42,529 3.8%$5,089 LMCG Small Value $30,931 2.7%$42,529 3.8%$11,598 ABS Global L/S Equity1 $59,011 5.2%$56,706 5.0%($2,305) Total US Equity $406,398 35.8%$453,645 40.0%$47,247 2.5% added to allocation (unallocated other assets) Lazard Intl Equity $59,626 5.3%$70,882 6.3%$11,256 Pictet Intl Equity1 $71,292 6.3%$70,882 6.3%($410) Berkley Street Emerging Mkts.1 $27,738 2.4%$28,353 2.5%$615 Total Intl Equity $158,656 14.0%$170,117 15.0%$11,461 2.5% added to allocation (unallocated other assets) CS McKee Core Fixed $239,434 21.1%$201,823 17.8%($37,611) Loomis, Sayles Core Plus $109,314 9.6%$113,411 10.0%$4,097 Templeton Global Fixed1 $77,293 6.8%$56,706 5.0%($20,587) Churcill Direct Lending1 $20,747 1.8%$25,000 2.2%$4,253 $25MM Commitment Total Fixed Income $446,788 39.4%$396,939 35.0%($49,849)3% added to allocation (unallocated other assets) MS Prime Property RE1 $65,788 5.8%$46,388 4.1%($19,400) Prudential PRISA II VA RE1 $27,416 2.4%$22,682 2.0%($4,734) Macquire Infrastructure1,2 $6,946 0.6%$11,341 1.0%$4,395 AEW Partners VIII 1 $5,813 0.5%$10,000 0.9%$4,187 $10MM Commitment Dune IV1 $2,153 0.2%$10,000 0.9%$7,847 $10MM Commitment; 1st call expected 3Q19 Alidade IV1 $2,786 0.2%$3,000 0.3%$214 $3MM Commitment Walton Street Capital1 $7,310 0.6%$10,000 0.9%$2,690 $10MM Commitment Private Investments1,3 $4,042 0.4%$0 0.0%($4,042) Total Real Estate $122,254 10.8%$113,411 10.0%($8,843) Cash Account $17 0.0%$0 0.0%($17) Total Fund $1,134,113 100.0%$1,134,113 100.0%$0 Market values from Northern Trust as of 3/20/20. 1. Market values not updated daily by Northern Trust. 2. Includes investments in the Euro Fund and US II. 3. Currently represents investment with Valstone. Current Allocation Target Allocation Comments 2/29 MV less 22% Target Allocation = 20% target less Churchill. Target Allocation = 10% RE target less VA mgrs. Oakland County Employees' Retirement System - Superseding Trust Asset / Manager Summary - March 23, 2020 Asset Class / Manager MV ($000)%MV ($000)%Add/Reduce SSgA S&P 5001 $7,140 56.0%$7,651 60.0%$511 Total US Equity $7,140 56.0%$7,651 60.0%$511 CS McKee Core Fixed $5,612 44.0%$5,101 40.0%($511) Total Fixed Income $5,612 44.0%$5,101 40.0%($511) Cash Account $0 0.0%$0 0.0%$0 Total Fund $12,752 100.0%$12,752 100.0%$0 Market values from Northern Trust as of 3/20/20. 1. Market values not updated daily by Northern Trust. 2/29 MV less 22% Current Allocation Target Allocation Comments