BOARD OF ADMINISTRATION

OF THE

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA

 

JULY 13, 2016 – 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 July 13, 2016, 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 the Minutes of June 22, 2016

 

 

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

 

 

 

2.

Investment Reports for May 2016

a)  Summary of Investment Returns as of May 31, 2016

b)  Market Value of Investments by Fund and Month as of May 31, 2016

c)  Market Value of the Retirement, Death, and Disability Funds and Retiree Health Care Fund as of May 31, 2016

 

 

REGULAR    (Items for discussion and action by the Board)

 

 

Reso

 

 

 

 

3.

Discussion of Nominations and Appointment of Officers of the Board of Administration of the Water and Power Employees’ Retirement Plan; and Possible Action

 

 

17-02

4.

Discussion of Contract Extension for Heitman Real Estate Securities, Global Real Estate Securities Mandate; and Possible Action

 

 

 

 

5.

Annual Presentation by Zeno Consulting Group – Trading Cost Analysis Provider

 

 

 

6.

Presentation by RVK, Inc. – 2016 First Quarter Portfolio Performance Report

 

 

 

7.

Presentation by RVK, Inc. – 2016 First Quarter Real Return Portfolio Performance Report

 

 

17-03

8.

Discussion of Outside Investment and Real Estate Counsel; and Possible Action

 

 

 

9.

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

10

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 July 8, 2016, at 8:30 a.m.