---
title: Marin County Hires State Street for Passive International Equities
description: Marin County Hires State Street for Passive International Equities
---

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# [Marin County Hires State Street for Passive International Equities](https://dakotafunds.com/dakota-funds/fundraising-news/marin-county-hires-state-street-for-passive-international-equities)

 Written by [Helen Bascom, Marketing Associate](https://dakotafunds.com/dakota-funds/author/helen-bascom-marketing-associate) | January 10, 2024

The Marin County Employees Retirement Association hired State Street Global Advisors to manage the passive MSCI World ex-U.S. Index lending equity portfolio, according to materials from the December 6th Board meeting. 

MCERA previously approved a 50% passive non-us developed, 25% active non-us small cap, and 25% active emerging markets structure. BlackRock was also being considered for the passive allocation. TimesSquare manages the active non-us small cap mandate, and FIAM manages the active emerging markets mandate.

MCERA has a target allocation of 22% to non-U.S. equity with an actual allocation of 20%

Investment consultant, Callan, assisted.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/marin-county-hires-state-street-for-passive-international-equities)

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