McCourt, Woolley named co-CEOs of Meketa Investment

Meketa Investment Group said Monday that Managing Principals Stephen McCourt and Peter Woolley will become co-Chief Executive Officers of the firm, effective July 31. Jim Meketa, the firm’s founder, will become chairman of the board.

PRESS RELEASE

BOSTON– Meketa Investment Group, a global investment consulting firm, today announced that Managing Principals Stephen McCourt and Peter Woolley will become co-Chief Executive Officers of the firm, effective July 31. The firm’s founder, Jim Meketa, will assume the role of Chairman of the Board of Directors.

Messrs. McCourt and Woolley have been with Meketa Investment Group since 1994 and 1996, respectively, serving on the firm’s Executive Committee for more than a decade. As co-CEOs, they will lead the Committee, which oversees the management team, while continuing to play significant roles in the firm’s research and consulting activities.

“We are honored by this appointment,” said Stephen McCourt, Managing Principal, Meketa Investment Group. “Peter and I have worked closely for 20 years and are excited to have the opportunity to lead Meketa Investment Group’s talented international team of consultants, analysts, and support staff.”

“In our 37 years of operation, Meketa Investment Group has become an industry leader and we look forward to continuing to provide our clients with high quality research-based investment solutions,” said Peter Woolley, Managing Principal, Meketa Investment Group. “We are grateful for the support of our clients as we begin this exciting new chapter in our firm’s history.”

In the newly created Chairman role, Mr. Meketa will serve as a resource for the firm’s management team and will remain actively involved with research and client service. The Board of Directors will expand to include members of the firm’s Executive Committee. Serving with Messrs. Meketa, McCourt and Woolley on the Committee are Managing Principals Alan Spatrick, John Haggerty, and Frank Benham.

Since its founding in 1978, Meketa Investment Group has had consistent, significant growth. Today, the firm has 120 employees and offices in Boston, San Diego, Miami, Portland, and London. Mr. McCourt is based in San Diego and Mr. Woolley is in Boston.

“I am very proud of the growth our firm has realized since its inception and, more importantly, of the highest quality investment advice we have been able to provide our clients,” said Jim Meketa, Chief Executive Officer, Meketa Investment Group. “Establishing the next generation of management has been a part of our long-term succession plan. Today we celebrate reaching this milestone and look forward to continued success under Steve and Peter’s leadership.”

About Meketa Investment Group
Founded in 1978, Meketa Investment Group is an employee-owned, full service investment consulting and advisory firm. As an independent fiduciary, the firm serves institutional investors in discretionary and non-discretionary roles. With a history of steady growth, the firm today consults on more than $335 billion in assets for over 100 clients whose aggregate institutional assets exceed $800 billion. For more information, please visit www.meketagroup.com.