Meketa Investment Group and Pension Consulting Alliance Complete Combination

BOSTON–(BUSINESS WIRE)–Investment consulting and advisory firms Meketa Investment Group, Inc.
(“Meketa”) and Pension Consulting Alliance, LLC (“PCA”), today announced
they have completed the formal combination of the two firms. This
follows the January announcement that the two organizations had signed
an agreement to join forces, with the combined firm to be known as
Meketa Investment Group, Inc.

The combination of Meketa and PCA has brought together two of the
industry’s most experienced and highly-regarded firms, known for
providing creative investment solutions to leading institutions and
organizations. The firm’s collective client assets under advisement now
represent approximately $1.8 trillion, including over $100 billion in
private markets and real estate assets. Meketa serves a variety of
public and private institutional investors, including defined benefit
and defined contribution plans as well as non-profits and corporations,
in non-discretionary and discretionary capacities.

“Having collaborated on client relationships for many years, and with a
similar approach to capital markets and institutional investing, we
believe the combination of Meketa and PCA is a logical step in the
evolution of both organizations,” said Stephen McCourt, Co-CEO, Meketa.
“We thank all those at both firms who worked so diligently over the past
several months to make this combination a reality, and sincerely thank
our clients for helping make possible our continued success.”

In keeping with the planned integration, PCA Founder and Managing
Director Allan Emkin, and PCA Managing Director Christy Fields, have now
joined Meketa’s Board of Directors, while PCA Managing Directors Judy
Chambers and Neil Rue are now members of Meketa’s Executive Committee.
In addition, other management committees now include representatives
from Meketa and PCA, and all members of PCA’s board have become Meketa
shareholders. Meketa will continue its tradition of extending ownership
to top-performing employees, with staff of both legacy firms eligible to
become Meketa shareholders. New Meketa shareholders will be announced in
the coming weeks.

“We believe the sharing and building upon of best practices developed by
Meketa and PCA over many decades offers an opportunity to enhance our
organizations’ resources, geographic coverage, and services,” said Peter
Woolley, Co-CEO, Meketa. “We remain confident that leveraging our
combined institutional knowledge and client experience will help ensure
we continue as thought leaders in the industry and further our goal of
consistently providing best-in-class service to our clients.”

The newly expanded Meketa is now serving clients from six cities across
the United States, as well as London. The firm will continue to operate
as an independent fiduciary and remain fully employee-owned.

About Meketa
Founded in 1978, Meketa is an employee-owned,
full service investment consulting and advisory firm. As an independent
fiduciary, the firm serves institutional investors in non-discretionary
and discretionary capacities. Meketa’s collective client assets under
advisement represent approximately $1.8 trillion, including over $100
billion in private markets and real estate assets. For more information,
please visit www.meketagroup.com.

Contacts

Philip Nunes
BackBay Communications
617.391.0792
phil.nunes@backbaycommunications.com

Rita McCusker
Meketa Investment Group
781.471.3515
rmccusker@meketagroup.com