Investment Committee Agenda
November 20, 2008, 2:55 p.m.
Or Upon Adjournment or Recess of the
Audit Committee Meeting, Whichever is Later
Monterey Room
Milton Marks Conference Center
455 Golden Gate Ave.
San Francisco, CA 94102
COMMITTEE MEMBERS
Vincent Mudd, Chair
Francis Quinlan
Don Moulds
| Action/Vincent Mudd | 1. | Call to Order and Roll Call |
| 2. | Public Comment on Appropriateness of Closed Session for Items 5 through 8. | |
| CLOSED SESSION |
2:55 p.m. | |
| Action/Vincent Mudd | 3. | Approval of September 10, 2008 Closed Meeting Minutes |
| Information/Carol Newman; Judith Sapper | 4. | Pending/Potential Litigation (Government Code section 11126(e)) |
| Information/Leslie Dawe | 5. | RFP for Investment Manager Selection (Government Code section 11126(j)(4)) |
| Information/Jay Stewart | 6. | Investment Portfolio Risk and Competitive Strategy (Government Code section 11126(j)(4) |
| Information/Jay Stewart | 7. | Economic Update and Impact on State Fund’s Competitive Strategy (Government Code section 11126(j)(4) |
| Information/Mark McMorrow, KPMG | 8. | Auditor’s Perspective on Investment Strategy (Government Code section 11126(j)(4)) |
| OPEN SESSION | 3:45 p.m. | |
| Action/Vincent Mudd | 9. | Call to Order and Roll Call |
| Action/Vincent Mudd | 10. | Introductions |
| Action/Vincent Mudd | 11. | Approval of September 10, 2008 Open Meeting minutes |
| Attachment | ||
| Action/Vincent Mudd | 12. | Approval of Investment Transactions |
| Attachment | ||
| Information/Jay Stewart | 13. | Market Outlook and Economic Update |
| Information/Leslie Dawe | 14. | Compliance Report |
| Action/Vincent Mudd | 15. | Proposals and Suggestions for January Agenda |
| 16. | Public Comment | |
| Information | Next Committee Meeting January 15, 2009 | |
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 prior to this Board meeting may be considered by the Board. Public comment will be limited to three (3) minutes per speaker and ten (10) minutes per subject item.
