STATE COMPENSATION INSURANCE FUND
BOARD OF DIRECTORS
Investment Committee
May 20, 2010
10:00 a.m.
Santa Barbara 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 | 10:00 a.m. | |
| Action/Michael J. Machado | 1. | Call to Order and Roll Call |
| 2. | Appointment of Stephanie Chan 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 March 18, 2010 Closed Meeting Minutes |
| Information/ Peter Guastamachio | 5. | Investment Strategy Portfolio Strategy and Review [Government Code section 11126(j)(4)] |
| Information/ Peter Guastamachio | 6. | Investment Strategy Annual Review of Investment Manager Results [Government Code section 11126(j)(4)] |
| Information/Peter Guastamachio | 7. | Investment Guidelines and Charter Review [Government Code Section 11126(j)(4)] |
| OPEN SESSION | 11:00 a.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 March 18, 2010 Open Meeting Minutes |
| Action/ Michael J. Machado, Peter Guastamachio |
10. | Approval of Investment Guidelines and Charter |
| Attachment | ||
| Action/Stephanie Chan | 11. | Approval of Investment Transactions |
| a. Bond Transactions | ||
| Attachment | ||
| b. Compliance Report | ||
| Attachment | ||
| Information/ Peter Guastamachio | 12. | Market Outlook/Economic Update |
| Information | 13. | Committee Member Presentations (Oral) |
| Information/Michael J. Machado | 14. | Proposals and Suggestions for July 2010 Agenda (Oral) |
| Information | 15. | Public Comment |
| Next Committee Meeting July 8, 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. |
