BOARD OF ADMINISTRATION

OF THE

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

SPECIAL MEETING AGENDA

 

NOVEMBER 18, 2015 – 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 November 18, 2015, 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)

 

1.

Request for Approval of Minutes:

a)  October 28, 2015, Regular Meeting

b)  October 28, 2015, Special Meeting

 

 

 

2.

Report on Earnest Partners – On Site Due Diligence Visit

 

 

 

3.

Report on Invesco Advisors, Inc. – On Site Due Diligence Visit

 

 

REGULAR    (Items for discussion and action by the Board)

 

 

Reso

 

 

 

16-35

4.

Discussion of the Plan’s Annual Audit Report and Related Financial Statements as of June 30, 2015, Presented at the Audit Committee Meeting

 

 

 

5.

Annual Presentation by Morgan Stanley AIP – Hedge Fund of Funds Manager

 

 

 

6.

Annual Presentation by GAM – Hedge Fund of Funds Manager

 

 

REPORTS FOR REFERENCE

 

 

 

7.

Investment Reports for September 2015

a)  Summary of Investment Returns as of September 3 , 2015

b)  Market Value of Investments by Fund and Month as of September 30, 2015

c)  Market Value of the Retirement, Death, and Disability Funds and Retiree Health Care Fund as of September 30, 2015

 

 

 

8.

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

9.

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 November 13, 2015, at 8:30 a.m.