Private Markets: Overview

Meketa Investment Group has been providing private markets consulting services since 1999. Our private markets team has grown substantially since 1999, and has become increasingly specialized. In 2007, Meketa Investment Group formalized existing areas of specialization within the group, creating separate teams to conduct due diligence in the areas of private equity, private debt, infrastructure, natural resources/timber, real estate and hedge funds. Each team evaluates investment opportunities within their given field of expertise.

At Meketa Investment Group, we have developed the organizational depth and breadth to provide our clients with world class private markets investment expertise. Our private markets team casts a global net to provide clients with access to the world's most sought after private market investments.

Additionally, we recognize the process of investing in private markets is more complex than more traditional asset classes. Consequently, we provide clients with customized private markets programs based on the level of service desired by each individual client. As a result, our private markets services are available on a discretionary, non-discretionary, or project basis.

Our private markets consulting services involve all of the work required to create a custom investment program for private markets asset classes including:

• Strategic Planning, Investment Policy Design, Pacing Analysis
• Partnership Analysis & Legal Review
• Program Monitoring & Review
• Cash Flow Coordination

Consulting Philosophy

Meketa Investment Group's investment consulting philosophy is firmly grounded in its dedication to providing customized solutions for the varying needs of the clients we serve. To best serve our clients, we maintain a high level of flexibility with respect to the scope of services and levels of discretion we provide to clients. We work with clients that have unique investment goals and constraints, and we seek to work closely and diligently with each client to design and implement a well-tailored program. The development of an investment plan is a collaborative process that combines the best practices developed by Meketa Investment Group and the unique needs and insights of each client.

Investment Philosophy

We apply a thoughtful approach to Private Markets investing utilizing our experience and research. We focus on identifying and investing with the top managers.

We favor managers with the following characteristics: Ability to exploit market inefficiencies — often through sector insights or relationships. Capability to add value to their assets — help a company grow, adapt their strategy, upgrade systems or add management capabilities. Demonstrated track record of success in executing their investment strategy.