VEBA board hears $70.3 million portfolio update; ACG recommends no manager changes

Feb 18, 2026

Asset Consulting Group briefed the Kent County VEBA Board on investment performance through 12/31/2025, reporting a $70.3 million portfolio, noting one underperforming manager but recommending no changes to strategy or asset allocation.

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The Kent County VEBA Board received a market and portfolio review on Feb. 18, 2026, from Patty Karolczak of Asset Consulting Group. As of 12/31/25, the total portfolio market value was $70.3 million; ACG described disciplined rebalancing as having served the portfolio well and said the majority of managers are performing satisfactorily.

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