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Act 5 Commission - Clearinghouse
October 25, 2018 Meeting

Recommendations from the Systems

Terri Sanchez, Executive Director - SERS
Bryan Lewis, Chief Investment Officer - SERS

Recommendations from the Systems

Glen Grell, Executive Director - PSERS
James Grossman Jr., Chief Investment Officer - PSERS

https://www.psers.pa.gov/About/Investment/Pages/Public-Pension-Management-and-Asset-Investment-Review-Commission.aspx

Tools for Cost Saving and Results of Costs and Fees Analysis

Dr. Ashby Monk, Executive Director - Global Projects Center, Stanford University

Tools for Cost Saving and Results of Costs and Fees Analysis

Dr. Marcel Staub - Founding Partner and CEO, Novarca Group

The Collective Wisdom in Managing Public Pension Assets

Stephen Nesbitt, Chief Executive Officer - Cliffwater, LLC

Public Pension Strategies for Reducing Costs

Dr. Charley Ellis - Investment Consultant

September 20, 2018 Meeting

Preliminary Analysis of Pennsylvania Pension Systems

Dr. Ashby Monk, Executive Director - Global Projects Center, Stanford University

Private Equity Investment Strategies

Dr. Tim Jenkinson, Professor of Finance - Saïd Business School, University of Oxford

Private Equity Analysis

Dr. Ludovic Phalippou, Professor of Finance - Saïd Business School, University of Oxford

Evaluating Active Management vs. Indexing

Mr. Craig Lazzara, Managing Director and Global Head of Index Investment Strategy and
Ms. Aye Soe, Managing Director, Global Research & Design - Standard & Poor Dow Jones Indices

Peer Approaches to Investment Strategies

Mr. Matthew Clark, State Investment Officer - South Dakota Investment Council

Mr. Robert M. Maynard, Chief Investment Officer - Public Employee Retirement System of Idaho

Consolidated State Investment Boards

Ms. Rochelle Klaskin, Interim Executive Director/Chief Legal Counsel and
Mr. David Villa, Chief Investment Officer - State of Wisconsin Investment Board

Mr. Ashbel Williams, Executive Director & CIO - Florida State Board of Administration

Overview of Public Plans Database Analysis

Mr. Jean Pierre Aubry, Associate Director of State & Local Research - Center for Retirement Research at Boston College

Benchmarking Best Practices

Ms. Kristen Doyle, CFA, Partner, Retirement and Investment - Aon Hewitt

Alternative Investment Asset Allocation

Dr. Gregory W. Brown, Professor of Finance, Sarah Graham Kenan Distinguished Scholar, and Director of the Frank Hawkins Kenan Institute of Private Enterprise - University of North Carolina

July 30, 2018 Meeting

The Importance of Transparency in Lowering Costs and Aligning Interests

Dr. Ludovic Phalippou, Associate Professor of Finance - Saïd Business School, University of Oxford

Perspectives on Transparency in Public Sector Pensions

Jennifer Choi, Managing Director - Institutional Limited Partners Association

Lorelei Graye, Principal - Leodoran Financial

Renee Astphan, Senior Investment Officer - Rhode Island Treasury

Stress Testing

David Draine, Senior Officer - The Pew Charitable Trusts

Dr. Chester Spatt - Carnegie Mellon University and Massachusetts Institute of Technology

Ken Kent, FSA, FCA, MAAA, EA Principal Consulting Actuary - Cheiron

Bob Stein, former Chair - Society of Actuaries Blue Ribbon Panel

Joseph Newton, FSA, MAAA, FCA, EA, Pension Market Leader - Gabriel Roeder Smith & Co.

JOINT STATE GOVERNMENT COMMISSION - GENERAL ASSEMBLY OF THE COMMONWEALTH OF PENNSYLVANIA
108 FINANCE BUILDING - HARRISBURG, PA 17120