HomeMy WebLinkAbout05/15/2009 PPB Minutes (Special)
MOUNT PROSPECT POLICE PENSION BOARD
Special Meeting Minutes
May 15,2009
Meeting Called to Order at 1 :05 PM
Board Members Present: Erb, Halachoulis, Rosenbarski, Floyd
Others Present: Rick Potter, Jeremy Seeman
1) Great Lakes Advisors presentation
-Presented by Tom Kiley and Steve Rost
2) Harris Investment Management presentation
-Presented by Jennifer Pedigo and Maureen Svagera
3) Mesirow Financial presentation
-Presented by Andrew Pataky and Peter Hegel
4) Discussion of Fixed Income Management Presentations
-Rosenbarski stated Harris Investment strategy seems similar to Capital Gains
Motion to Accept Mesirow Financial as Fixed Income Manager from Capital
Gains
1st - Erb
2nd - Rosenbarski
Accept 4-0
5) Perkins and Wolf Discussion
-Discussion of comparison to Ariel
Motion to Transfer Monies from Ariel to Perkins and Wolf
1 st - Rosenbarski
2nd - Halachoulis
Accept 4-0
6) Discussion of Columbia versus Morgan Stanley
-no changes at this time, Morgan Stanley for future review
Meeting Adjourned at 2:57 PM