Agenda

Treasurer, ALAMEDA COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
Chief Investment Officer, ALASKA RETIREMENT MANAGEMENT BOARD
Trustee, ALASKA RETIREMENT MANAGEMENT BOARD
Trustee,ALASKA RETIREMENT MANAGEMENT BOARD
Trustee, CITY OF ANN ARBOR EMPLOYEES RETIREMENT SYSTEM
General Counsel/Trustee, CITY OF ANN ARBOR EMPLOYEES RETIREMENT SYSTEM
Chairman, ANNE ARUNDEL COUNTY RETIREMENT & PENSION SYSTEM
Treasurer, COUNTY OF ARAPAHOE (CO)
Private Equity Portfolio Manager, ARIZONA STATE RETIREMENT SYSTEM
Manager of Investment Strategy, ARIZONA STATE RETIREMENT SYSTEM
Executive Director, ARIZONA STATE RETIREMENT SYSTEM
Portfolio Manager, ARIZONA STATE TREASURER'S OFFICE
Deputy Treasurer,ARIZONA STATE TREASURER'S OFFICE
Equity Portfolio Manager & Trader, ARIZONA STATE RETIREMENT SYSTEM
State Treasurer, THE STATE OF ARIZONA
Portfolio Manager, ARIZONA STATE TREASURER'S OFFICE
Chief Investment Officer, ARIZONA STATE TREASURER'S OFFICE
Private Equity Portfolio Manager, ARIZONA STATE RETIREMENT SYSTEM
Chairman, AUSTIN (TX) POLICE RETIREMENT FUND
Vice Chairman of the Board, BALTIMORE (MD) RETIREMENT SYSTEMS
Trustee, BALTIMORE RETIREMENT SYSTEMS
Trustee/ Deputy Labor Commissioner, BALTIMORE (MD) RETIREMENT SYSTEMS
Chairman/Investment Board, BAY CITY (MI) POLICE & FIRE RETIREMENT SYSTEM
Board Member, CITY OF BIRMINGHAM (AL) EMPLOYEES RETIREMENT AND RELIEF SYSTEM
Administrative Assistant, CITY OF BIRMINGHAM (AL) EMPLOYEES RETIREMENT AND RELIEF SYSTEM
Board Member, CITY OF BIRMINGHAM (AL) EMPLOYEES RETIREMENT AND RELIEF SYSTEM
Trustee, CITY OF BIRMINGHAM (AL) EMPLOYEES RETIREMENT AND RELIEF SYSTEM
Director of Finance, CITY OF BIRMINGHAM'S (AL) FIREMENS AND POLICEMANS PENSION FUND
Trustee, BOCA RATON POLICE & FIRE RETIREMENT ASSOC.
Managing Director , Sr. Institutional Consultant, BOTT & ASSOCIATES OF WACHOVIA SECURITIES
Financial Advisor, BOTT & ASSOCIATES
Principal & Consulting Actuary, BUCK CONSULTANTS
Director, Policy Communications,CAAT PENSION PLAN
Executive Vice President, CALLAN ASSOCIATES
Vice President, CHICAGO (IL) POLICEMEN'S ANNUITY & BENEFIT FUND
Executive Director, CHICAGO PARK EMPLOYEES' ANNUITY & BENEFIT FUND
Chairman, CITY OF PONTIAC GENERAL EMPLOYEES RETIREMENT SYSTEM
Trustee, CITY OF PONTIAC GENERAL EMPLOYEES RETIREMENT SYSTEM
Trustee, CITY OF PONTIAC GENERAL EMPLOYEES RETIREMENT SYSTEM
Director, CLONTARF CAPITAL
Investment Analyst, FIRE AND POLICE PENSION ASSOCIATION OF COLORADO
Trustee, CONTRA COSTA COUNTY EMPLOYEES RETIREMENT
Trustee, CONTRA COSTA COUNTY EMPLOYEES RETIREMENT
Trustee, CONTRA COSTA COUNTY EMPLOYEES RETIREMENT
Trustee, EMPLOYEES' RETIREMENT FUND OF THE CITY OF DALLAS
Trustee, EMPLOYEES' RETIREMENT FUND OF THE CITY OF DALLAS
Vice Chair Board of Trustees, EMPLOYEES' RETIREMENT FUND OF THE CITY OF DALLAS
Chairman, DAYTONA BEACH POLICE AND FIRE
PENSION PLAN
Board Member, DC RETIREMENT BOARD
Trustee, DETROIT GENERAL RETIREMENT SYSTEM
Trustee, DETROIT (MI) GENERAL RETIREMENT SYSTEM
Assistant Executive Secretary, DETROIT (MI) GENERAL RETIREMENT SYSTEM
Chairperson, DETROIT GENERAL RETIREMENT SYSTEM
Executive Director, DULUTH TEACHERS' RETIREMENT FUND ASSOCIATION
Accountant, FLORIDA STATE BOARD OF ADMINISTRATION
Trustee, CITY OF FORT LAUDERDALE POLICE & FIRE
Trustee, CITY OF FORT LAUDERDALE POLICE & FIRE
Pension Administrator, FORT LAUDERDALE (FL) GENERAL EMPLOYEES RETIREMENT SYSTEM
Trustee, FT LAUDERDALE POLICE AND FIRE PENSION FUND
Pension Administrator, FORT LAUDERDALE POLICEMEN'S & FIREMEN'S RETIREMENT
Executive Director, FORT WORTH EMPLOYEES RETIREMENT FUND
Chairman, FRESNO (CA) CITY FIRE & POLICE RETIREMENT BOARD
Trustee/Deputy Chief, FULTON (GA) COUNTY EMPLOYEES RETIREMENT SYSTEM
Retirement Supervisor, GENESEE COUNTY EMPLOYEES RETIREMENT SYSTEM
Director of Alternative Investments, GRAY & COMPANY
Director Public Retirement Plans, HAMMOND ASSOCIATES
Executive Director, HOLYOKE CONTRIBUTORY RETIREMENT
Trustee, HOLYOKE CONTRIBUTORY RETIREMENT
Trustee, HOLYOKE CONTRIBUTORY RETIREMENT
Trustee, HOUSTON (TX) MUNICIPAL EMPLOYEES PENSION SYSTEM
Trustee, HOUSTON (TX) MUNICIPAL EMPLOYEES PENSION SYSTEM
Trustee, HOUSTON MUNICIPAL EMPLOYEES RETIREMENT SYSTEMS
Trustee, HOUSTON POLICE OFFICERS PENSION SYSTEM
State Treasurer, THE STATE OF IDAHO
Chairman of the Board, PUBLIC EMPLOYEES RETIREMENT SYSTEM OF IDAHO
Chief Investment Officer, TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS
Executive Director, ILLINOIS TEACHERS' RETIREMENT SYSTEM
Mayor/Trustee, INKSTER (MI) POLICE & FIREMEN'S PENSION BOARD
State Treasurer, THE STATE OF IOWA
Trustee, JACKSONVILLE POLICE & FIRE PENSION FUND
Chairman, LAS VEGAS POLICE DEPARTMENT
Compensation Manager & Plan Administrator, LINCOLN FIREMEN'S & POLICEMEN'S RETIREMENT SYSTEM
Executive Director, LOS ANGELES CITY EMPLOYEES' RETIREMENT SYSTEM
Commissioner, LOS ANGELES (CA) FIRE & POLICE PENSION SYSTEM

Trustee, LOUISIANA ASSESSORS' RETIREMENT FUND
Chief Investment Officer, LOUISIANA STATE EMPLOYEES' RETIREMENT SYSTEM
Supervisor, District 1, MARICOPA COUNTY, AZ
Chief Financial Officer, MARICOPA COUNTY, AZ
Trustee, MARIN COUNT (CA) RETIREMENT ASSOCIATION
Trustee, MARYLAND RETIREMENT SYSTEM
Public Member of Investment Committee, MARYLAND STATE RETIREMENT SYSTEM
Senior Investment Consultant, MILLIMAN USA
Trustee, MINNESOTA STATE RETIREMENT SYSTEM
Manager Public Programs, MINNESOTA STATE BOARD OF INVESTMENT
Executive Director, MINNESOTA TEACHERS RETIREMENT ASSOCIATION
Chief Investment Officer, NEW MEXICO STATE INVESTMENT COUNCIL
Director, Private Equity & ETI Programs, NEW MEXICO STATE INVESTMENT COUNCIL
Investment Officer, NEW MEXICO EDUCATIONAL RETIREMENT BOARD
Investment Officer, NEW MEXICO EDUCATIONAL RETIREMENT BOARD
Chairman, NEW ORLEANS MUNICIPAL EMPLOYEES’ RETIREMENT SYSTEM
Assistant Comptroller for Pensions, NEW YORK CITY RETIREMENT SYSTEMS
General Counsel, NEW YORK CITY EMPLOYEES’ RETIREMENT SYSTEM
Director of Real Estate Investments, NORTH CAROLINA RETIREMENT SYSTEM
Retirement Administrator, OAKLAND (MI) COUNTY EMPLOYEES RETIREMENT SYSTEM
Executive Director, OHIO HIGHWAY PATROL RETIREMENT SYSTEM
Battalion Chief, Vice Chairman, OMAHA (NE) POLICE & FIRE PENSION SYSTEM
Trustee, OMAHA (NE) POLICE & FIRE PENSION SYSTEM
Trustee, ONTARIO MUNICIPAL EMPLOYEES RETIREMENT SYSTEM
Deputy Chief Investment Officer, OREGON PUBLIC EMPLOYEES RETIREMENT SYSTEM
Chairman, CITY OF ORLANDO POLICE PENSION BOARD
CAO, POLICE ASSOCIATION OF ONTARIO
Trustee, CITY OF PHILADELPHIA BOARD OF PENSIONS & RETIREMENT
Accounting Supervisor-Cash Management, CITY OF PHOENIX
Investment Manager, CITY OF PHOENIX RETIREMENT
Treasurer, CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Program Administrator, CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee, CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee, CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee, CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee,CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee, CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee, CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee,CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee, CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee, CITY OF PHOENIX EMPLOYEES RETIREMENT SYSTEM
Trustee, PHOENIX FIREFIGHTERS EMPLOYEE BENEFIT TRUST FUND
Trustee, PLYMOUTH COUNTY RETIREMENT ASSOCIATION
Trustee, CITY OF PONTIAC GENERAL EMPLOYEES RETIREMENT SYSTEM
Principal, RICHARDS & TIERNEY, INC.
Trustee, SAN DIEGO (CA) COUNTY EMPLOYEES' RETIREMENT SYSTEM
Vice Chairman, SAN JOSE POLICE & FIRE DEPARTMENT RETIREMENT PLAN
Trustee, SAN JOSE POLICE & FIRE
Trustee, SAN MATEO COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
Chief Financial Officer, CITY OF SCOTTSDALE (AZ)
Finance Manager, CITY OF SCOTTSDALE (AZ)
Senior Consultant, SEGAL ADVISORS
Investment Manager Specialist, SMITH BARNEY CONSULTING GROUP
Senior Investment Management Consultant,SMITH BARNEY CONSULTING GROUP
Chairman/ Board Trustee, SONOMA COUNTY EMPLOYEES RETIREMENT ASSOCIATION
Chief Investment Officer, SOUTH CAROLINA RETIREMENT SYSTEMS INVESTMENT COMMISSION
Trustee-Chairman, STAMFORD POLICE PENSION FUND
Trustee, STANISLAUS COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
Trustee, STANISLAUS COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
Trustee, STANISLAUS COUNTY EMPLOYEES RETIREMENT ASSOCIATION
Trustee, STANISLAUS COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION
Board Secretary, STERLING HEIGHTS (MI) POLICE & FIRE EMPLOYEES RETIREMENT SYSTEM
Assistant treasurer, TENNESSEE CONSOLIDATED RETIREMENT SYSTEM
Deputy Executive Director, EMPLOYEES RETIREMENT SYSTEM OF TEXAS
Director of Investments, TEXAS MUNICIPAL RETIRMENT SYSTEM
Chairman, TEXAS MUNICIPAL RETIREMENT SYSTEM
Board Member, TEXAS MUNICIPAL RETIREMENT SYSTEM
Board Member, TEXAS MUNICIPAL RETIREMENT SYSTEM
Board Member,TEXAS MUNICIPAL RETIREMENT SYSTEM
Board Member, TEXAS MUNICIPAL RETIREMENT SYSTEM
Board Member, TEXAS MUNICIPAL RETIREMENT SYSTEM
Vice Chairman & Trustee, TEXAS PERMANENT SCHOOL FUND
Trustee, TUCSON SUPPLEMENTAL RETIREMENT SYSTEM
Finance Director, TUCSON (AZ) SUPPLEMENTAL RETIREMENT SYSTEM
President, UNITED PHOENIX FIREFIGHTERS ASSOCIATION
State Treasurer, THE STATE OF UTAH
Trustee, VIRGINIA PUBLIC EMPLOYEES RETIREMENT SYSTEM
Board Member, WASHINGTON STATE INVESTMENT BOARD
Secretary/Treasurer, WASHINGTON STATE COUNCIL OF FIREFIGHTERS
Legal Counsel, WEST VIRGINIA STATE TREASURY
Senior Associate, WILSHIRE ASSOCIATES

Wednesday, January 16, 2008

7:30a

Golf tournament

9:00

Exhibit Set-Up Begins

12:45p

Co-Chair Welcoming Remarks
State Treasurer, THE STATE OF ARIZONA
Assistant Comptroller for Pensions, NEW YORK CITY RETIREMENT SYSTEMS
Trustee, BOCA RATON POLICE & FIRE RETIREMENT ASSOC.

1:00 - 1:50

1:50 - 2:10

Late Cycle Warning Signs from the Credit Market: Current and Future Opportunities

Managing Director, GOLDENTREE ASSET MANAGEMENT

2:10 - 2:30

“Synthetic Hedge Funds”

CFA, STATE STREET GLOBAL ADVISORS

2:30 - 3:40

3:40 - 4:00

Current State of the Private Equity Market

President & CEO, PERMAL CAPITAL MANAGEMENT

4:00 - 5:00

Styles & Strategies
• Absolute Return Strategies
• Advantages and Disadvantages of a Quantitative Approach
• Micro Cap through Large Cap: Where are we seeing the best returns?
• Domestic vs. International Equity
• Do emerging equity managers have an edge against their larger peers?
• Alternative vs. Traditional Investments
• Portfolio rebalancing in a volatile marketplace
• Portfolio construction and manager selection

Moderator:
Executive Vice President, CALLAN ASSOCIATES

Panelists:
Partner & Portfolio Manager, MB INVESTMENT PARTNERS
Managing Director, CLEARBRIDGE ADVISORS
President, Director of Research, MIDWEST ASSET MANAGEMENT

5:00 - 5:20

Good Corporate Governance: Executive Handcuffs Or Keys To Maximizing Shareholder Value?

Co-Founder and Managing Partner, SCOTT + SCOTT, LLP

5:20 - 6:30

What is the function of Alternative Investments in Portfolio Diversification and Asset Allocation?
This panel comprised of Industry experts will examine and discuss challenges and the evolving process of incorporating Alternative Investments to the asset allocation process as well as portfolio diversification.
• Alternative Investments beyond Private Equity and VC
• Which alternatives are on the radar of the best Institutional Investors
• Intellectual Property as the new Asset Class

Moderator:
Chairman of the Investment Board, BAY CITY (MI) POLICE & FIRE RETIREMENT SYSTEM

Panelists:
Trustee, VIRGINIA PUBLIC EMPLOYEES RETIREMENT SYSTEM
Managing Director, ATTALUS CAPITAL
Managing Director, RUMSON

6:30 - 7:30

Cocktail Reception
Sponsored by: THE BOSTON COMPANY ASSET MANAGEMENT

Thursday, January 17, 2008

7:15a - 8:00

Continental Breakfast

Sponsored By:
Scott + Scott

7:30 - 8:15

Investor Roundtable
Closed Door Session for Investors and Consultants Only

Facilitators:
Executive Director, FORT WORTH EMPLOYEES RETIREMENT FUND
Manager Public Programs, MINNESOTA STATE BOARD OF INVESTMENT

8:15 - 8:20

Co-Chair Welcoming Remarks

8:20 - 8:40

The Quest for Quality: Identifying Sustainable Long-Term Growth Opportunities Using ROIC Analysis

Senior Vice President and Managing Director, Investments, JANUS INTECH INSTITUTIONAL MANAGEMENT

8:40 - 9:00

Stress in the Water Chain: Opportunities for Sustainable Investing

Principal, ROBECO & Product Specialist, SUSTAINABLE ASSET MANAGEMENT

Track 1

Track 2

9:00 - 10:00

Real Estate
• What are the components of real estate returns?
• REITS
• Alternative strategies investing in real estate
• Which real estate vehicles are yielding higher returns?
• Value added urban strategies
• Timber

Moderator:
Chairman, AUSTIN (TX) POLICE RETIREMENT FUND

Panelists:
Director of Real Estate Investments, NORTH CAROLINA RETIREMENT SYSTEM
Senior Vice President, NEW BOSTON REAL ESTATE INVESTMENTS
CEO, TIMBERVEST
Head of Real Estate, FAF ADVISORS, INC.
Principal, Strategic Initiatives, MACFARLANE PARTNERS

Alpha
• Enhanced Index Strategies with Hedge Fund of Funds
• What are the new alpha sources to consider?
• Which hedge fund strategies provide the most alpha?
• Has hedge fund beta been increasing recently?
• Will alpha diminish as more investors enter the hedge
• funds space?
• How will the evolving global economic environment
• influence alpha-generating strategies?

Moderator:
Executive Director, OHIO HIGHWAY PATROL RETIREMENT SYSTEM

Panelists:
Chief Executive Officer, PARADIGM ASSET MANAGEMENT
Director of Business Development & Investor Relations, QUANTITATIVE FINANCIAL STRATEGIES
Managing Director and Senior Portfolio Specialist, EVERGREEN INVESTMENTS

10:00 - 11:00

Hedge Fund/Fund of Funds
• What role do hedge funds/fund of funds play in a public pension plan’s portfolio?
• Investing directly or via fund of fund
• Are hedge funds and fund of funds providing sufficient transparency to public pensions?
• Can increased exposure to hedge funds reduce public funds liability risk?
• Should public pension plans be increasing their exposure to hedge funds and fund of funds?
• Long- short equity only
• 150-50 hedge funds

Moderator:
Chairman, NEW ORLEANS MUNICIPAL EMPLOYEES’ RETIREMENT SYSTEM

Panelists:
President & Partner, ALEXANDRA INVESTMENT MANAGEMENT, LLC
CFA, Managing Director & CEO, ANCHOR POINT CAPITAL, LLC
Managing Director, JP MORGAN ASSET MANAGEMENT

Risk
• Risks of long/short investing
• Volatility of alpha
• Risk budgeting
• Do you need hedge fund beta to get hedge fund alpha?

Moderator:
Trustee, CITY OF ANN ARBOR EMPLOYEES RETIREMENT SYSTEM

Panelists:
Chief Risk Officer, AUSTIN CAPITAL MANAGEMENT
Managing Director, MORGAN STANLEY INVESTMENT MANAGEMENT
Principal, IVORY INVESTMENT MANAGEMENT
Chief Risk Officer, ROCK MAPLE FUNDS

11:00 - 11:20

Global Infrastructure - Structuring a successful investment program

Vice-President , LAZARD ASSET MANAGEMENT

11:20 - 12:10p

INDEXING
• How indexing fits into your portfolio
• Indexing as a long-term strategy
• What are the advantages?
• Indexing vs. ETF’s: How have ETF’s changed the way public pension plans look at indexing?
• In a low return environment, does indexing make sense?
• How good are hedge fund indexes?

Moderator:
Trustee, BOCA RATON POLICE & FIRE RETIREMENT ASSOC

Panelists:
Sales Executive, THE VANGUARD GROUP, INC.
First VP Investments, GOODSON, KIEFFER & CARTER ASSET MANAGEMENT GROUP OF WACHOVIA SECURITIES
Regional Director, RUSSELL INDEXES

Fixed-Income
• The sub-prime markets; what effect do they have on an
• Institutional Portfolio?
• Short term rates; how are they influencing current
• market conditions?
• Why investing in fixed Income makes more sense now
• than ever
• Is Fixed Income an Alpha Driver?
• Separating Alpha from Beta

Moderator:
Manager of Investment Strategy, Arizona State Retirement System

Panelists:
Director of Client Services, MUZINICH & CO., INC.
Associate Director, Interest Rate Products, CME GROUP
Senior Vice President-Investments/ Institutional Consulting Director, CITIGROUP INSTITUTIONAL CONSULTING

12:10 - 1:10

Private Equity & Venture Capital
• Latest trends in private equity
• Considerations in determining whether private equity is
• appropriate for your portfolio
• Diversification: geography, fund manager, and industry
• exposure
• Liquidity: Entering/Exiting a fund
• How will the recent turmoil in the credit market affect the
• private equity industry? How should investors react to
• the current environment?
• What role should private equity play in an investors’
• portfolio?
• What are realistic return expectations in the private
• equity industry going forward?
• Private Equity and Hedge Funds….Is there truly a
• convergence?
• The globalization of Private Equity
• Private Equity in Emerging Markets

Moderator:
Ph.D.,Managing Director, CONTEXT CAPITAL PARTNERS

Panelists:
Director of Private Markets, NEW YORK CITY OFFICE OF THE COMPTROLLER
Director, Private Equity & ETI Programs, NEW MEXICO STATE INVESTMENT COUNCIL
Managing Partner, SAYBROOK CAPITAL
Partner / Head of North America, ALTIUS ASSOCIATES

Transition
• Benefits of Agency vs. Principal Transitions
...- Costs
...- Risks
...- Timing
• How Does a Transition Manager Get Paid
...- Agency commission displayed on the trading ticket
...- Principal mark-up
...- Management fee (non-broker/dealer)
...- Commission Sharing Agreements
...- Rebates
• What technology is essential for a successful transition?
...- Trading
...- Pre-trade analysis tools
• Importance of operational experience
...- What are the risks?
...- How do you reduce the risks?
...- 70% of a transition is something other then trading

Moderator:
Executive Director, CHICAGO PARK EMPLOYEES' ANNUITY & BENEFIT FUND

Panelists:
Senior Vice President Head of US Sales and Marketing, BNY CONVERGEX GROUP
Managing Director, RAMIREZ & COMPANY
Vice President, STATE STREET GLOBAL MARKETS
Vice President, GOLDMAN SACHS

1:10 - 2:30

Luncheon

Speaker:

President, LEE EQUITY PARTNERS

2:30 - 3:15

Consultant Roundtable

Panelists:
Director, CLONTARF CAPITAL
Director Public Retirement Plans, HAMMOND ASSOCIATES
Senior Investment Consultant, MILLIMAN USA

3:15 - 4:15

State Treasurer Roundtable

State Treasurer, THE STATE OF IDAHO
State Treasurer, THE STATE OF IOWA
State Treasurer, THE STATE OF UTAH
State Treasurer, THE STATE OF ARIZONA

4:15 - 4:30

Afternoon Refreshment Break

Sponsored by:
SG AMERICAS SECURITIES, LLC

4:30-5:30

One of the Most Popular Investments for Institutional Investors lately has been 130/30 funds
• What is the current state of the 130/30 market?
• Selecting a 130/30 manager
• Are 130/30 strategies here to stay?
• How does shorting affect your portfolio and what is the risk involved?

Moderator:
Assistant Comptroller for Pensions, NEW YORK CITY RETIREMENT SYSTEMS

Panelists:
Managing Director, MERRILL LYNCH
Senior Vice President and Lead Portfolio Manager, THE BOSTON COMPANY ASSET MANAGEMENT
Long Short Equity Strategist, UBS GLOBAL ASSET MANAGEMENT
Senior Associate, WILSHIRE ASSOCIATES

5:30 - 6:30

Executive Director Roundtable
Roundtable discussion: Public funds - today’s challenges and tomorrow’s opportunities
• How are public funds preparing for the next economic cycle?
• Understanding and adapting to the evolving landscape of pension funding
• Best practices to control expenses and streamline board business
• What role should investment banks or fund managers have in dispensing strategic asset allocation advice to public funds?
• How are the global economy and global events affecting public funds?

Panelists:
Executive Director, ILLINOIS TEACHERS' RETIREMENT SYSTEM
Executive Director, ARIZONA STATE RETIREMENT SYSTEM
Executive Director, LOS ANGELES CITY EMPLOYEES' RETIREMENT SYSTEM

6:30 - 7:30

Cocktail Reception
Sponsored by: STATE STREET GLOBAL ADVISORS

Friday, January 18, 2008

7:15a - 7:45

Continental Breakfast
Sponsored by:

7:45 - 8:00

Welcoming Remarks

8:00 - 9:00

TRUSTEE EDUCATION: FIDUCIARY RESPONSIBILITY

Moderator:
Principal & Consulting Actuary, BUCK CONSULTANTS

Panelists:
Chairman & Trustee , Texas Permanent School Fund
General Counsel/Trustee, CITY OF ANN ARBOR EMPLOYEES RETIREMENT SYSTEM
Trustee, ONTARIO MUNICIPAL EMPLOYEES RETIREMENT SYSTEM
Executive Director, HOLYOKE CONTRIBUTORY RETIREMENT

9:00 - 9:45

Legal Panel

Moderator:
General Counsel, NEW YORK CITY EMPLOYEES’ RETIREMENT SYSTEM

Panelists:
Partner, SCOTT + SCOTT, LLP
Legal Counsel, WEST VIRGINIA STATE TREASURY

9:45 - 10:05

10:05 - 11:00

Challenges Facing Public Pension Plans: Past, Present and Future

Moderator:
Vice Chairman & Trustee, SAN ANTONIO FIREMEN'S & POLICEMEN'S FUND

Panelists:
Trustee, MINNESOTA STATE RETIREMENT SYSTEM
Managing Director, PRICEWATERHOUSE COOPERS
Executive Director, LOS ANGELES CITY EMPLOYEES' RETIREMENT SYSTEM

11:00 - 12:00p

Socially Responsible Investing

Moderator:
Vice President, SEGAL ADVISORS, INC.

Panelists:
CFA, Senior Vice President, COMMUNITY CAPITAL MANAGEMENT
Investment Analyst, Fire and Police Pension Association of Colorado
Director of Socially Aware Investments, CLEARBRIDGE ADVISORS

12:00

Conference Concludes