STATE COMPENSATION INSURANCE FUND
BOARD OF DIRECTORS
Investment Committee
May 17, 2012
12:00 Noon
State Compensation Insurance Fund Office
333 Bush Street, 7th floor
San Francisco, CA 94104
COMMITTEE MEMBERS
Sen. Michael J. Machado (Ret.), Chair
Donald E. Garcia
Scott K. Reid
Francis E. Quinlan (Alternate)
| OPEN SESSION | May 17, 2012 @ 12:00 p.m. |
|
| Action/Michael J. Machado | 1. | Call to Order and Roll Call |
| Action/Michael J. Machado | 2. | Antitrust Admonition |
| Action/Michael J. Machado | 3. | Approval of February 16, 2012 Open Meeting Minutes |
| Action/Stephanie Chan | 4. | Approval of Investment Transactions |
a. |
Bond Transactions | |
b. |
Compliance Report | |
Action/ Peter Guastamchio |
5. | Review of Investment Policy Statement and Guidelines |
| Information/Peter Guastamachio | 6. | Review of Investment Managers' Economic and Investment Outlook |
Action/Michael J. Machado |
7. | Annual Review of Investment Committee Charter |
| Information/Michael Machado | 8. | Public Comment on Appropriateness of Closed Session for Items 11 through 16. |
| Information/Michael Machado | 9. | Public Comment |
| CLOSED SESSION | ||
| Action/Michael J. Machado | 10. | Approval of February 16, 2012 Closed Meeting Minutes |
| Information/Peter Guastamachio | 11. | Portfolio Performance Results [Government Code Section 11126(j)(4)] |
| Information/Peter Guastamachio | 12. | Annual Review of Investment Managers’ Performance, Services and Results [Government Code Section 11126(j)(4)] |
Information/Brian Watson |
13. | Update on Legislation Affecting the Portfolio [Government Code Section 11126(j)(4)] |
| Information/Peter Guastamachio | 14. | Update on Status of New Investment and Accounting Managers [Government Code Section 11126(j)(4)] |
Action/Michael Machado |
15. | Review of Investment Committee Agenda [Government Code Section 11126(j)(4)] |
| Information/Michael Machado and Peter Guastamachio |
16. | Financial and Investment Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| OPEN SESSION | 1:15 p.m. or upon adjournment or recess of the Closed Session, whichever is later | |
| Action/Michael J. Machado | 17. | Call to Order and Roll Call |
| Information | 18. | Committee Member Presentations (Oral) |
| Information/Michael J. Machado | 19. | Proposals and Suggestions for August 16, 2012 Agenda |
| Next Committee Meeting August 16, 2012 | ||
| 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. | ||
