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    Federal Agency: "Tennessee Valley Authority: Retirement System"

    1 publication with a total of 1 open recommendation
    Director: Michael Clements
    Phone: (202) 512-8678

    1 open recommendations
    Recommendation: The Chief Investment Officer of the Tennessee Valley Authority Retirement System should fully implement key practices to increase opportunities for MWO asset managers as part of its selection processes. Specifically, the Chief Investment Officer should take actions to demonstrate top leadership commitment, and to the extent that staff and resources are a constraint, should direct its consultant to conduct outreach to MWO firms and communicate its priorities and expectations for an inclusive selection process by requesting its consultant conduct more inclusive asset manager searches specifically for the Tennessee Valley Authority Retirement System. (Recommendation 4)

    Agency: Tennessee Valley Authority: Retirement System
    Status: Open

    Comments: The Tennessee Valley Authority Retirement System (TVARS) concurred with this recommendation and said it would take steps to implement it. When we confirm the actions TVARS has taken in response to this recommendation, we will provide updated information.