Overview
Meketa Fiduciary Management, LLC (“MFM”), a Delaware limited liability company, formed in 2014. Since that
time, MFM was a registered investment adviser in reliance on the Former Filing Adviser’s Form ADV. A subsidiary
of the Former Filing Adviser, MFM is owned by the Former Filing Adviser and Zaman, LLC. The advisory activities
of MFM are led by Rafi Zaman, MFM’s Chief Investment Officer, along with other investment professionals who
assist in providing services to clients. Rafi Zaman owns 100% of Zaman, LLC.
MFM provides investment advisory services that fall generally into two categories: advisory services and
discretionary advisory services. The discretionary advisory services are primarily for clients that outsource their
complete investment process to MFM.
Our services are tailored to the specific investment objectives and restrictions of each client account, and we
typically agree with a client upon specific investment policies or guidelines. Clients may impose restrictions on
their account by discussing desired investment limitations and providing us with a written list of restrictions and
limitations.
Advisory Services
We occasionally assist clients in selecting and monitoring investment managers, developing investment guidelines
and
long-term policy objectives, allocating financial resources, and controlling risk. Additionally, we may assist
with supervising investment manager transitions, developing crisis response plans, directing cash flows, and/or
negotiating investment manager fees, among other activities.
We also offer performance reporting services to our clients consisting of written reports analyzing material
developments to an investment portfolio during the applicable period and highlighting material risks or
irregularities.
Outsourced Discretionary Services
We provide advisory services on a discretionary basis to clients who wish to outsource their investment process
in full or in part to MFM. Among other things, we assume decision making authority to hire and terminate
investment managers across public and private markets, to implement the client’s asset allocation directives, and
to manage investment manager transitions.
Regulatory Assets Under Management
The Regulatory Assets Under Management (“RAUM”) as of December 31, 2023, is approximately $16,949,000,000
in the aggregate (approximately $399,000,000 in non-discretionary RAUM in the aggregate and approximately
$16,550,000,000 in discretionary RAUM in the aggregate).