Investment and Risk Committee
February 15, 2023
9:00 a.m.
VIDEO/TELECONFERENCE
https://scif.zoom.us/j/97125100602?pwd=MElPS2N1bExHd0ZyK2RwcnpvT244dz09
COMMITTEE MEMBERS
Sen. Michael J. Machado (Ret.), Chair
Richard J. Guggenhime
David M. Lanier
William M. Zachry
| OPEN SESSION | February 15, 2023 @ 9:00 a.m. | |
| Action/Michael Machado | 1. | Call to Order and Roll Call |
| Action/Michael Machado | 2. | Antitrust Admonition |
| Action/Michael Machado | 3. | Consent Calendar1 |
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| Information/Michael Machado | 4. | Public Comment on Appropriateness of Closed Session for Items 7 through 11 |
| Information/Michael Machado | 5. | Public Comment |
| CLOSED SESSION | ||
| Action/Michael Machado | 6. | Approval of November 15, 2022 Closed Meeting Minutes |
| Information/NEAM | 7. | Investment Manager’s Investment Strategy [Government Code Section 11126(j)(4)] |
| Information/Stephanie Chan | 8. | Portfolio Performance Results [Government Code Section 11126(j)(4)] |
| Information/Peter Guastamachio and Stephanie Chan | 9. | Financial and Investment Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
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| Information/Ken Van Laar and Randy Hogan | 10. | Enterprise Risk Management (ERM) Update [Government Code Section 11126(j)(4)] |
| Information/Ken Van Laar and Ajay Wadhwa | 11. | Risk Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
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| OPEN SESSION | 12:00 p.m. or upon adjournment or recess of the Closed Session, whichever is later. | |
| Action/Michael Machado | 12. | Call to Order and Roll Call |
| Action/Michael Machado | 13. | Approval of Investment Policy Statement and Guidelines Resolution (Short-Term and Long-Term Investments) |
| Information/Michael Machado | 14. | Committee Member Presentations (Oral update) |
| Information/Michael Machado | 15. | Proposals and Suggestions for May 2023 Agenda |
| Next Committee Meeting: Sometime the week of May 15-19, 2023, location to be determined (TBD), unless noticed for a new date and time. |
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1Items on the Investment and Risk Committee Consent Calendar include routine actions that will be enacted by one motion and a majority vote. There will be no separate discussion of these items unless a Committee Member or the public so requests. It is in the Committee’s discretion to remove items from the Investment and Risk Committee Consent Calendar. Any item removed from the Consent Calendar will be considered in its normal sequence on the agenda. If you wish to have an item removed from the Consent Calendar, please send an email to CommitteeMeetings@scif.com. After an item, if any, is removed from the Consent Calendar, the Committee will vote to approve all items remaining on the Consent Calendar. Note: Items designated as “information” are appropriate for Board/Committee action if the Board/Committee wishes to take action. Any agenda item from a properly noticed Committee meeting held prior to the Board meeting may be considered by the Board. Agenda items may be taken out of order with the approval of the Chairperson. Public comment may be sent via email to CommitteeMeetings@scif.com. Public Comment that is related to the agenda item, which seeks public comment, will be read to the Board/Committee. Language that is not socially appropriate will not be read or otherwise communicated at the meeting. Thank you for your courtesy. |
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