RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA  

 

FEBRUARY 27, 2013 – 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 February 27, 2013, 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.


 

 


 

PUBLIC COMMENTS

 

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

Reso

 

 

1.

Approval of Minutes

a)  January 23, 2013, Regular Meeting

b)  January 30, 2013, Special Meeting

 

 

13-63

2.

Termination from Rolls  - Monthly Allowance from the February 2013 Retirement Roll

 

 

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

 

 

 

3.

Report of Payment Authorizations for January 2013

 

 

 

4.

Notice of Deaths for January 2013

 

 

 

5.

Investment Reports for January 2013

a)  Summary of Investment Returns as of December 31, 2012

b)  Summary of Investment Returns as of January 31, 2013

c)  Market Value of Investments by Fund and Month as of January 31, 2013

d)  Market Value of the Retirement, Death, and Disability Funds and Retiree Health Care Fund as of January 31, 2013

e)  Summary of Contract Expirations 

 

 

 

6.

Report on Status of Insurance as of February 6, 2013

 

 

REGULAR    (Items for discussion and action by the Board)

 

Reso

 

13-64

7.

Discussion of Retirement Office Budget for Fiscal Year 2013-2014; and Possible Action

 

 

  8.

Discussion of Request for Proposal Responses for the Hedge Fund of Funds Mandate; and Possible Action

 

13-65

  9.

Discussion of Consent to Amendment of Blackstone Real Estate Partners VII, Limited Partnership Agreement; and Possible Action

 

 

10.

Presentation by Pension Consulting Alliance, Inc. - Private Equity Investment Plan

 

 

11.

Presentation by Pension Consulting Alliance, Inc. – Third Quarter Private Equity Performance Report

 

 

12.

Presentation by Pension Consulting Alliance, Inc. – Fourth Quarter Performance Report

 

 

13.

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

14.

FUTURE AGENDA ITEMS


 

 

 

 

 

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 February 22, 2013, at 8:30 a.m.