Mendocino County Employees Retirement Association 4/15/2026

The Mendocino County Employees Retirement Association Board of Retirement held a meeting on April 15, 2026, focusing primarily on investment matters, policy updates, and administrative issues. Key procurement-related discussions included a detailed presentation by PGIM Quantitative Solutions on their small cap value investment strategy, highlighting their portfolio management approach, performance, and fee structures. The board also reviewed fixed income portfolio management, discussing the roles of Dodge and Cox and PIMCO as active managers, their investment philosophies, and fee considerations. Additionally, the board approved amendments to policies related to delegated authority and electronic signature usage, including adoption of a policy permitting electronic signatures via DocuSign and MemberDirect platforms, with a motion passed unanimously. The meeting also covered budget planning, upcoming investment commitments, and administrative updates such as election results and strategic calendar revisions. No new contract awards or RFPs were reported, but discussions on investment vehicles and policy changes could influence future procurement and vendor opportunities.