RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA

 

MARCH 14, 2012 – 9:00 A.M.

 
       ROOM 1555-H, 111 NORTH HOPE STREET, LOS ANGELES, CA 90012

 


 

A meeting of the Retirement Board will be held on March 14, 2012, convening at 9:00 a.m. or soon thereafter if quorum is present.

                                                                                                             

As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities.  To ensure availability, such request should be made 72 hours in advance by contacting the Retirement Office at (213) 367-1712 during business hours.

 


 

At the beginning of the meeting, the Board will provide an opportunity for members of the public to address it on items of interest that are within the subject matter jurisdiction of the Board. Thereafter, the Board will consider and take action on the Regular Agenda items. Members of the public may also request to speak on any agenda item.  The meeting is recorded.


 

 


 

Reso

Item

                                         Description of Agenda Item

 

PUBLIC COMMENTS

 

CONSENT (Approval of routine, non-controversial items; action taken on entire Consent Agenda and treated as separate vote on each)

 

 

1.

Request for Approval of Minutes for January 25, 2012, Regular Meeting

 

RECEIVED AND FILED         (Items of Interest to the Board on which no action is taken)

 

2.

Report on Organizational Change at Pyramis Global Advisors Company

 

 

3.

Report by Pension Consulting Alliance of On-Site Due Diligence Visit to Aetos Alternatives Management

 

REGULAR              (Items for discussion and action by the Board)

 

 

4.

Discussion of Securities Lending Program; and Possible Action

 

12-63

5.

Discussion of Covered Call Investment Guidelines; and Possible Action

 

12-64

6.

Discussion of Timber Investment Guidelines; and Possible Action

 

12-65

7.

Discussion of Contracting Services with MSCI Index Provider; and Possible Action

 

 

 

8.

Presentation by Frontier Capital Management Company, LLC, Small Cap Manager - Annual Performance Review as of January 31, 2012

 

 

9.

Presentation by Ernest Partners Small Cap Manager - Annual Performance Review as of

January 31, 2012

 

 

10.

Presentation by Pension Consulting Alliance, Inc. – Fourth Quarter Performance Report as of December 31, 2011

 

 

11.

Presentation by Pension Consulting Alliance, Inc. – Fourth Quarter Hedge Fund of Funds Performance Report as of December 31, 2011

 

RETIREMENT PLAN MANAGER’S COMMENTS

 

12.

 

 

FUTURE AGENDA ITEMS

               13.                                                                                                                                                    

       

 

 

In compliance with Government Code Section 55957.5, non-exempt writings that are distributed to a majority or all of the Board or applicable Committee of the Board, in advance of their meetings, may be viewed at the offices of the Water and Power Employees’ Retirement Plan (WPERP), located at 111 North Hope Street, Room 357, Los Angeles, California 90012, or at the scheduled meeting.

 

 

Posted on March 9, 2012, at 8:30 a.m.