Board Of Education Retirement System Executive Committee Meeting
The committee meeting included introductory updates from the Innovation and Risk Department Director regarding operational changes, investment scheduling, and the use of the WebEx lobby feature. Discussions centered on portfolio overweights in private markets, specifically within real estate and infrastructure, and the potential impact of divestment strategies on pension funds. The committee also engaged in a dialogue regarding diversity, equity, and inclusion expectations for prospective investment companies, ultimately deciding to move related sensitive discussions to an executive session. In the executive session, the committee approved one real estate investment and two infrastructure investments.