Retirement Trust Board 9/16/2026

The City of El Paso Texas Retirement Trust Board held a meeting on September 16, 2026, focusing primarily on investment performance and fund management. Key procurement-related discussions included receiving detailed investment manager reports from BlackRock and Future Standard, covering portfolio performance, asset allocation, and market outlook. BlackRock highlighted their fixed income strategies and risk management, while Future Standard provided an update on private equity investments, noting mature fund performance and cash flow distributions. The board also reviewed the Treasurer's report showing strong net investment income exceeding targets and discussed administrative matters such as drawing down fund balances to cover fees. No new contracts or procurement actions were taken, but the investment reports and fund management strategies discussed could influence future vendor engagements and asset management decisions. The meeting concluded with an executive session on executive director recruitment, with no procurement actions resulting from it.