Agenda item details

Review and Consideration of Proposed Private Equity Annual Tactical Plan for Fiscal Year 2021 - (Action)

Number:
45/2020
Department:
Investments
Attachments
Name Download Ext. Filesize
Exhibit A - Proposed Private Equity Annual Tactical Plan for Fiscal Year 2021 pdf 379 kB
Exhibit B - Private Equity Program Guidelines pdf 582 kB
SLIDES_17 PE Tactical Plan pdf 142 kB
Recommendation:
ERS’ Investment staff recommends the following motion to the Investment Advisory Committee:
Move that the Investment Advisory Committee recommend that the Board of Trustees of the Employees Retirement System of Texas approve the ERS Private Equity Portfolio Annual Tactical Plan for Fiscal Year 2021, as presented in Exhibit A attached to agenda item 19.
Contingent upon adoption of the above motion by the Investment Advisory Committee, staff recommends the following motion to the Board of Trustees:
Move that the Board of the Trustees of the Employees Retirement System of Texas approve the ERS Private Equity Portfolio Annual Tactical Plan for Fiscal Year 2021, as presented in Exhibit A attached to agenda item 19.
Agenda item