A meeting of the Retirement Board will be held on
February 8, 2017, 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.
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PUBLIC COMMENTS
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CONSENT(Approval
of routine, non-controversial items; action taken on entire consent
agenda and treated as separate vote on each) |
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Reso |
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1. |
Approval of the Minutes of January
11, 2017, Regular Meeting
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17-40
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2. |
Termination of Monthly Allowance from the January 2017 Retirement
Roll
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RECEIVED AND
FILED
(Items
of Interest to the Board on which no action is taken)
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3. |
Report
of Payment Authorizations for December 2016
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4. |
Notice of Deaths for December 2016
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5. |
Investment Reports for December 2016
a)
Summary of Investment Returns as of December 31, 2016
b)
Market Value of Investments by Fund and Month as of December
31, 2016
d)
Summary of Contract Expirations
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6. |
Report on Status of Insurance as of
January 20, 2017
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7. |
Report on Pacific Asset Management –
On Site Due Diligence Visit
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REGULAR
(Items
for discussion and action by the Board)
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Reso
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8. |
Discussion of
Ad-Hoc Committee to Review Candidates for Assistant Retirement Plan
Manager Position
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17-41 |
9. |
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10. |
Annual
Presentation by Earnest Partners – Domestic Small-Cap Value Equity
Manager
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11. |
Annual
Presentation by Emerald Advisers, Inc. – Domestic Small-Cap Growth
Equity Manager
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12. |
Presentation by
Courtland Partners – 2016 Third Quarter Real Estate Performance
Report
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13. |
Presentation by
Courtland Partners – 2017 Real Estate Strategic Plan
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14. |
Presentation by
Pension Consulting Alliance – 2017 Private Equity Strategic Plan
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17-42 |
15. |
CLOSED SESSION – PURSUANT TO
GOVERNMENT CODE SECTION 54956.81
to Consider the Purchase of One
Particular, Specific Pension Fund Investment; and Possible Action
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16. |
CLOSED
SESSION – PURSUANT TO GOVERNMENT CODE SECTION 54957(b)(1)
to
Consider Board Review of the Evaluation of City Attorney Services
for the Period October 1, 2016 through December 31, 2016; and
Possible Action
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17. |
CLOSED
SESSION
- PURSUANT TO SUBDIVISIONS
(a) AND (d)(1) OF GOVERNMENT CODE SECTION
54956.9 to Confer with,
or Receive Advice from, Legal Counsel Regarding the Consolidated
Class Action Against LendingClub Corporation Pending in the United
States District Court, Northern District of California
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REPORTS FOR
REFERENCE
(Items
of Interest to the Board on which no action is taken)
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18. |
Investment Reports for November 2016
a)
Summary of Investment Returns as of November 30, 2016
b)
Market Value of Investments by Fund and Month as of November
30, 2016
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19. |
RETIREMENT PLAN MANAGER’S COMMENTS
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20. |
FUTURE AGENDA ITEMS
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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 3, 2017, at 8:30 a.m.