2020 Membership Renewal Underway!

All current NCTR members will be invoiced via email during the week of November 11. Please contact Robyn Wheeler, Assistant Executive Director of NCTR, if you have not received your invoice by November 15.

Not Yet a Member?

Join forces with THE Resource for fostering strategic partnerships, providing training and pension advocacy for the educational community. Our vision is a strong and secure retirement future for all teachers and educational employees. NCTR is a non-profit association offering several networking, educational and sponsorship opportunities throughout each membership year. Join our community of public pension plans, top consultants, investment managers, actuaries, attorneys and technology experts, while together we form a strong foundation to secure retirement for America’s teachers.

If you have any questions regarding your membership status with NCTR, or how to become a new member, contact Robyn Wheeler at rwheeler@nctr.org or (916) 509-7260.

Join Forces with NCTR Today!

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UPCOMING EVENTS

20nov3:00 pm4:00 pmFederal Webinar: Limited Partner Advisory Committees

Limited Partner Advisory Committees

November 20 at 3:00 PM/ET

Register Now!

As public pension plan investments in alternatives such as private equity have continued to grow, the importance of limited partner advisory committees, or LPACs, has also increased.

LPACs are not mandatory, but most private investment funds have them. Generally, they have responsibility for reviewing conflicts of interest; approving valuations; reviewing requested waivers of restrictions in the partnership agreement; and similar functions. LPACs thus serve an important fiduciary role in overseeing the general partner’s management responsibilities.

However, LPACs are not always structured with the interests of the limited partners in mind and there is a lack of uniformity in their size, formation, role, responsibilities and effectiveness, which can create issues for both a fund’s limited partners, as well as the general partner.

To find out more about this increasingly important aspect of investing in private equity, NCTR is hosting a members-only webinar that will address the role of LPACs in asset management as well as the best practices for their formation, structure and governance from the standpoint of limited partners. The webinar will also address the status of LPAC members, their responsibilities to the investment fund, and protection from potential liability that the investment fund should provide for all members.

Therefore, please be sure to join Leigh Snell, NCTR’s Director of Federal Relations, on Wednesday, November 20, at 3:00 PM EDT as he discusses these topics with his special guests:

Peter Mixon, Partner, Nossaman LLP;
John Kasic, Senior Portfolio Manager, Colorado PERA; and
Neil Randall, Director, Private Equity, Teacher Retirement System of Texas

Spaces are limited, so be sure to register now for this important educational opportunity offered only to NCTR members.

Time

(Wednesday) 3:00 pm - 4:00 pm EDT

Location

GotoWebinar

Learn More

Calendar GoogleCal

19julAll Day2220th Annual Trustee Workshop

10octAll Day14Featured2020 Conference: La Jolla, CA

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NATIONAL COUNCIL ON TEACHER RETIREMENT ANNOUNCES NEW OFFICERS

ELK GROVE, Calif. – Brian Guthrie, Executive Director of the Teacher Retirement System of Texas (Texas TRS), was installed as President of the National Council on Teacher Retirement (NCTR) at its 97^th Annual Conference in Nashville, TN. Guthrie’s one-year term began on October 15.

Guthrie has served with Texas TRS for more than 11 years. Guthrie has an extensive background in government, legislative relations, budgeting and finance. Prior to joining TRS, he worked in the Texas Governor’s Office of Budget, Planning and Policy for eight years; served as budget advisor to two lieutenant governors; and began his career at the Legislative Budget Board. In addition to his familiarity with state budget policy, Guthrie has also worked on higher education, criminal justice, public retirement systems, and state health insurance issues.

Guthrie succeeds past president Roger Rea, Vice President, Omaha SERS. In addition to the installation of president, newly elected NCTR Executive Board members include: David Keefe, Chair, New York STRS; and Marshall Thompson, Trustee, Minnesota TRA. Reelected members include Debbie Simonds, Board Chair, TRS of Georgia; and Janis Elliott, Chairperson, Nebraska PERS.

NCTR is an independent association dedicated to safeguarding the integrity of public retirement systems in the United States and its territories to which educational employees belong and to promoting the rights and benefits of all present and future members of the systems. NCTR’s mission is to be “THE Resource for fostering strategic partnerships, providing training and pension advocacy for the educational community.”

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