Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 8542 - Establishment(a) Fiduciary duty of board.--Consistent with the board's fiduciary responsibilities, the board shall establish a Public Markets Emerging Investment Manager Program.(b)Location of managers.--The board shall locate fund managers with a history of generating positive risk adjusted returns.(c) Source list.--After location of fund managers, the board shall provide a source of potential managers for the main fund.(d) Assistance with marketing.--In order to grow public market emerging investments firms, the board shall assist in using the system's name in the manager's marketing efforts.Added by P.L. TBD 2019 No. 72, § 4.1, eff. 9/3/2019.