Investment group

Meketa Investment Group Announces Adoption of CFA Institute’s Diversity, Equity and Inclusion Code

BOSTON, August 30, 2022–(BUSINESS WIRE)–Meketa Investment Group (Meketa), a global investment advisory and fiduciary management (OCIO) firm, today announced that it has adopted the CFA Institute’s Voluntary Code on Diversity, Equity and Inclusion for Investment Professionals in the United States and Canada (“DEI Code”), effective August 1, 2022.

Launched in February 2022, the DEI Code provides organizations in the investment industry with an action-oriented, principles-based framework to drive measurable and meaningful change around diversity, equity and inclusion in the workplace. organizations. As a baseline, signatories must, within two years, adopt a DEI policy and statement, establish a governance process for senior management ownership and oversight, and implement a plan to integrate DEI into the people, processes and policies of the organization. Signatories also commit to six principles that aim to advance the DEI with respect to the talent pool, acquisition, promotion and retention of staff, leadership, influence and measurement. In addition, signatories commit to accelerating and amplifying the impact of their engagement by advocating for diversity, equity and inclusion economically, commercially and morally.

“Whether expanding the pool of diverse talent, fostering equitable promotion and retention, or improving DEI results, Meketa has long embraced the principles and goals of the DEI Code,” said Stephen. McCourt, co-CEO of Meketa Investment Group. “By becoming a signatory, we further affirm Meketa’s commitment to fostering and promoting DEI in all its forms in our organization, in the investment industry and in society at large.”

“We commend the CFA Institute for establishing the DEI Code and for its continued efforts to broaden inclusion in the investment industry, with the goal of creating better work environments and better investment results,” said Peter Woolley, co-CEO of Meketa Investment Group. “We are very pleased to join this laudable effort, which we believe will position Meketa to even more effectively drive change towards an equitable future.”

“By working together to improve diversity, equity and inclusion in the investment industry, the signatory organizations are clearly demonstrating their public commitment to do the work and change needed to meaningfully participate in this effort,” said Sarah Maynard, ASIP, Global Head of External Diversity, Equity and Inclusion, CFA Institute. “I am delighted to welcome Meketa to the growing number of organizations committed to the principles of the DEI Code.”

For more information on the DEI Code, please visit https://www.cfainstitute.org/en/ethics-standards/codes/diversity-equity-inclusion

About Meketa

Founded in 1978, Meketa is a full-service, employee-owned investment advisory and trust management (OCIO) firm. As an independent fiduciary, the firm serves institutional investors on a non-discretionary and discretionary basis. Meketa’s collective client assets under deliberation are approximately $1.9 trillion as of March 31, 2022. For more information, please visit www.meketa.com.

About the CFA Institute

The CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in the investment markets and a respected source of knowledge in the global financial community. Our goal is to create an environment where the interests of investors come first, markets function best and the economy thrives. There are over 190,000 CFA charter holders worldwide in over 160 markets. The CFA Institute has nine offices around the world and 160 local companies. For more information, visit www.cfainstitute.org or follow us on Linkedin and Twitter at @CFAInstitute.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220830005207/en/

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