STATE COMPENSATION INSURANCE FUND
BOARD OF DIRECTORS
Investment Committee
November 18, 2010
12 Noon
Benicia Room, Milton Marks Conference Center
455 Golden Gate Avenue
San Francisco, CA 94102
COMMITTEE MEMBERS
Sen. Michael J. Machado (Ret.) (Chair)
Donald E. Garcia
Thomas E. Rankin
Francis E. Quinlan, Alternate
| OPEN SESSION | 12 Noon | |
| Action/Michael J. Machado | 1. | Call to Order and Roll Call |
| Action/Michael J. Machado | 2. | Approval of September 9, 2010 Open Meeting Minutes |
| Attachment | ||
| Action/ Peter Guastamachio | 3. | Investment Charter & Investment Policy Statement & Guidelines Resolution Review |
| Attachment | ||
| Action/Stephanie Chan | 4. | Approval of Investment Transactions |
a. |
Bond Transactions | |
| Attachment | ||
b. |
Compliance Report | |
| Attachment | ||
| Information/Peter Guastamachio | 5. | Market Outlook/Economic Update |
| Action/Michael J. Machado | 6. | Public Comment on Appropriateness of Closed Session for Items 8 through 10. |
| CLOSED SESSION | ||
| Action/Michael J. Machado | 7. | Approval of September 9, 2010 Closed Meeting Minutes |
| Information/ Peter Guastamachio | 8. | Investment Strategy - Portfolio Strategy and Review [Government Code section 11126(j)(4)] |
| Information/Michael J. Machado and Kris Veaco (Veaco Group Corporate Governance Advisors) |
9. | Board Evaluation Findings |
| Information/Michael J. Machado and Peter Guastamachio |
10. | Review of Proposed 2011 Closed Session Investment Agenda |
| OPEN SESSION | 1:30 p.m. or upon adjournment or recess of the Closed Session, whichever is later | |
| Action/Michael J. Machado | 11. | Call to Order and Roll Call |
| Information | 12. | Committee Member Presentations |
| Information/Michael J. Machado | 13. | Proposals and Suggestions for January 2011 Agenda |
| Information | 14. | Public Comment |
| Next Committee Meeting January 20, 2011 (tentative) | ||
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.
