City of Tecumseh Employees Retirement Board AgendaPacket 2026-05-19
Board Ends Clearbridge Large Cap Growth SMA Mandate
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Description
The Employees’ Retirement Board voted on February 24, 2026 to terminate the Clearbridge Large Cap Growth Equity SMA mandate and move its holdings out of the strategy. The action is part of a broader adjustment to the pension plan’s large cap growth allocation.
Contract Details
Vendor
CLEARBRIDGE LARGE CAP GROWTH EQUITY SEPARATELY MANAGED ACCOUNT SMA
Agency
Town of Tecumseh, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Renewal Date
2026-02-24
Renewal Info
Mandate terminated and no renewal; assets transferred in kind to a replacement SMA manager on the Morgan Stanley Unified Managed Account platform.
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