Investment Management Minority Business Enterprise Policy
In accordance with Section 24-310 of the Maryland Code, the Board and Chesapeake Employers' Management is committed to using minority business enterprise managers to the greatest extent feasible in its investment management process, consistent with the Board’s fiduciary duties. The Board will not impose any artificial barriers to full participation by minority business enterprise managers and will evaluate potential managers strictly on the basis of demonstrated performance and potential risk. Before hiring any managers, the Board has entrusted the external Investment Consultant and the CIO to incorporate consideration of any appropriate and qualified minority or women owned business candidates in the manager selection and recommendation process.
Qualified minority and women owned businesses are encouraged to contact our Investment Consultant and provide information about their capability and scope of services as they are related to potential investment management service opportunities that may occur from time to time at Chesapeake Employers.
Contact Information of Chesapeake Employers' current external Investment Consultant:
John Meehan, CFA
Principal, Asset Strategy Consultants
Six North Park Dr., Suite 208
Hunt Valley, MD 21030
410-528-8282