STATE COMPENSATION INSURANCE FUND
BOARD OF DIRECTORS
Investment Committee
March 18, 2010
2:15 p.m.
Auditorium, Milton Marks Conference Center
455 Golden Gate Avenue
San Francisco, CA 94102
COMMITTEE MEMBERS
Sen. Michael J. Machado (Ret.) (Chair)
Thomas E. Rankin
Donald E. Garcia
Francis E. Quinlan, Alternate
| OPEN SESSION | 2:15 p.m. | |
| Action/Michael J. Machado | 1. | Call to Order and Roll Call |
| 2. | Appointment of Leslie Dawe as Secretary Pro Tem (Oral) | |
| 3. | Public Comment on Appropriateness of Closed Session for Items 5 through 7. | |
| CLOSED SESSION | ||
| Action/Michael J. Machado | 4. | Approval of January 21, 2010 Closed Meeting Minutes |
| Information/ Peter Guastamachio | 5. | Investment Strategy |
| a. Portfolio Strategy and Review [Government Code section 11126(j)(4)] |
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| b. Short-term Investment Strategy [Government Code section 11126(j)(4)] | ||
| c. Review Investment Options/Update [Government Code section 11126(j)(4)] | ||
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Information/Conning Asset Management, Rich Sega, Kevin Antaya |
6. | Investment Manager's Report [Government Code section 11126(j)(4)] |
| Information/Michael J. Machado | 7. | Standing Investment Committee Agenda Items for 2010 [Government Code Section 11126 (a)] |
| OPEN SESSION | 3:00 p.m. or upon adjournment or recess of the Closed Session whichever is later | |
| Action/Michael J. Machado | 8. | Call to Order and Roll Call |
| Action/Michael J. Machado | 9. | Approval of January 21, 2010 Open Meeting Minutes |
| Action/Leslie Dawe | 10. | Approval of Investment Transactions |
| a. Bond Transactions | ||
| Attachment | ||
| b. Compliance Report | ||
| Attachment | ||
| Information/ Conning Asset Management, Rich Sega |
11. | Market Outlook/Economic Update |
| Information/Michael J. Machado | 12. | Standing Investment Committee Agenda Items for 2010 (Oral) |
| Information | 13. | Committee Member Presentations (Oral) |
| Information/Michael J. Machado | 14. | Proposals and Suggestions for May 2010 Agenda (Oral) |
| Information | 15. | Public Comment |
| Next Committee Meeting May 20, 2010 | ||
| Note: Items designated for 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 immediately prior to this Board meeting may be considered by the Board. Agenda items may be taken out of order with the approval of the Chairperson. Public comment will be limited to three (3) minutes per speaker and ten (10) minutes per subject item. |
