Contact Information: Contact: Ashley Kanigher Cooley Godward Kronish 650-843-5721 akanigher@cooley.com Howard Goldman TRS (512) 542-6508 howard.goldman@trs.state.tx.us
Cooley Selected as Fiduciary Counsel to Teacher Retirement System of Texas
| Source: Cooley Godward Kronish LLP
WASHINGTON, DC--(Marketwire - July 22, 2008) - Cooley Godward Kronish announced today that
Cooley partner and former SEC Commissioner Roel Campos has been selected as
Fiduciary Counsel to the Teacher Retirement System of Texas (TRS), a nearly
$108 billion trust fund. As Fiduciary Counsel, Campos will work directly
with the TRS general counsel and provide legal counsel about compliance
with fiduciary responsibilities, as well as review investment policies,
provide educational training to the TRS Board of Trustees and review
ethical and conflict of interest issues. Campos will receive critical
support from Cooley Partner Tom Reicher, a nationally known pension
investment and employee benefits lawyer, and the entire Cooley Compensation
& Benefits Group.
"We on the TRS Board welcome Mr. Campos to his new assignment as Fiduciary
Counsel for our system," said TRS Trustee Linus Wright. "He will play an
important role in helping guide the system as we continue modernizing our
investment strategies and benefits programs to better serve our members."
"I am extremely pleased to be selected as Fiduciary Counsel to advise,
train and guide the fund's legal staff and its board," said Campos, who is
also Partner in Charge of Cooley's Washington, DC office. "The TRS is a
well-respected institutional investor and we look forward to working with
them."
The TRS was recently named Public Pension Fund Investor of the Year by
Institutional Investor's Alternative Investment News.
About Teacher Retirement System of Texas
The TRS delivers retirement and related benefits that have been authorized
by the Texas Legislature and manages a nearly $108 billion trust fund
established to finance member benefits. More than 1.2 million public
education and higher education employees and retirees participate in the
system.
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