Agenda item details

* Consideration of Private Equity - (Action)

Number:
37/2021
Department:
Investments
Description:
* Consideration of Private Equity - (Action)
• Market Update and Program Overview
• Proposed Private Equity Annual Tactical Plan for Fiscal Year 2022 – (Action)
Attachments
Name Download Ext. Filesize
Exhibit A - Private Equity Tactical Plan pdf 559 kB
Exhibit B – Private Equity Manual pdf 412 kB
Exhibit C - Askia's Private Equity Market Overview pdf 1 MB
Slides - Private Equity pdf 1 MB
Recommendation:
RECOMMENDED ACTION:
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 Program Annual Tactical Plan for Fiscal Year 2022, as presented in Exhibit A.
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 Annual Tactical Plan for Fiscal Year 2022, as presented in Exhibit A.
Agenda item