Due Diligence Policy

The Board of the Fort Worth Employees’ Retirement Fund (“FWERF” or “the Fund”) recognizes its constitutional and statutory fiduciary duty to administer the retirement fund prudently for the benefit of the members and their beneficiaries. Prudent administration requires the Board to diversify its investments and to conduct regular, periodic on-site meetings with FWERF’s investment managers, limited liability partnerships, hedge funds, real estate managers, and other professional service providers to enable the Board to effectively monitor the performance of its investment professionals so as to minimize the risk of loss and maximize the rate of return. The Board adopts this Due Diligence Policy to promote the Board’s ability to achieve these goals. The Board and its investment staff conducts such due diligence to compliment the due diligence performed on its behalf by its investment consultant.

Download the current Due Diligence Policy