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Agenda - 07/29/2015 - Firefighter's Pension Fund Board 7/21/2015 VILLAGE OF OAK BROOK BOARD OF TRUSTEES, FIREFIGHTERS PENSION FUND WEST WING CONFERENCE ROOM OF THE BUTLER GOVERNMENT CENTER 1200 OAK BROOK ROAD OAK BROOK, IL 60523 630-368-5000 Regular Meeting Agenda Wednesday, July 29, 2015 9:00 AM AGENDA 1. TRUSTEE CONTINUING EDUCATION SESSION - 8:00 am - 9:00 am • Hedge Funds (Liquid Alternatives Available in Mutual Funds) 2. CALL TO ORDER 3. ROLL CALL 4. PUBLIC COMMENT (limited to 3 minutes per person) 5. APPROVAL OF PRIOR MEETING MINUTES 6. April 29, 2015 regular meeting minutes 7. Semi -Annual Review of Closed Session Meeting Minutes 8. INVESTMENT REPORT – David Russell via conference call a. Review and accept quarterly investment report – potential purchase and/or sale of securities, potential portfolio balancing and/or hiring or termination of investment managers b. Review of asset allocation alternatives c. Mr. Klein/MB Financial presentation of cash flow match on withdrawals d. Discuss effective duration, possible action 9. ACCOUNTANT’S REPORT a. Certification form filed with DOI on 5/27/15 b. Review and accept monthly financial report c. Approve Warrant List/vendor checks report 10. INFORMATIONAL ITEMS AND UNFINISHED BUSINESS a. Trustee Training Summary b. Annual Affidavits c. Review and update active member files d. Conduct Annual Medical Evaluation of disabled members 11. NEW BUSINESS a. Response to IDOI Compliance Audit – Summary of Findings b. Discuss/Approve RFP requests for Investment Consultant Services c. Review DOI Actuarial Valuation Report 12. CLOSED SESSION, if needed 13. ADJOURNMENT Next Regular Board Meeting is scheduled for October 29, 2015 at 9:00 a.m. In accordance with the provisions of the Americans with Disabilities Act, any individual who is in the need of a reasonable accommodation in order to participate in or benefit from attendance at this public meeting should contact the Butler Government Center (Village Hall), at (630) 368- 5010, or for TDD response (630) 990-2131, as soon as possible before the meeting date.