Board of Investments
The Board of Investments is responsible for establishing LACERA’s investment policy and objectives, as well as exercising authority and control over the investment management of the Fund. The Board is composed of nine members. Four members are elected: two are elected by active General Members; retired members elect one member, as do Safety Members. Four of its members are appointed by the Los Angeles County Board of Supervisors. The law requires the County Treasurer and Tax Collector to serve as an ex-officio member.
Pursuant to §31522.8 of the Government Code, the Board has adopted an Education Policy.
BOI Trustees
BOI members bring diversified expertise and experience to their positions. Select from the menu below to view a photo and bio of each member.
BOI Bylaws
Bylaws provide regulations for the election of officers and all other matters relating to the administrative procedure of the BOI.
BOI Committees
Committees review corporate governance and fiduciary oversight information prior to reporting to the full Board(s).
MEETING SCHEDULE
The Board of Investments meets at 9:00 a.m. on the second Wednesday of each month. Note: Meetings are subject to change. The current meeting schedule is below.
| 1/8/20 | Board of Investments Meeting |
| 2/5/20 | BOR & BOI Joint Meeting | |
| 2/12/20 | Board of Investments Meeting | |
| 2/12/20 | Equity: Public/Private Committee |
| 3/23/20 | Board of Investments Meeting | |
| 3/16/20 | Corporate Governance Committee * This meeting has been canceled. Protecting the health of our members and employees are LACERA’s top priorities during the current COVID-19 pandemic. |
Canceled* |
| 3/18/20 | Joint Organizational Governance Committee * This meeting has been canceled. Protecting the health of our members and employees are LACERA’s top priorities during the current COVID-19 pandemic. |
Canceled* |
| 4/8/20 | Board of Investments Meeting * This meeting has been canceled. Protecting the health of our members and employees are LACERA’s top priorities during the current COVID-19 pandemic. |
Canceled* |
| 4/8/20 | Real Assets Committee * This meeting has been canceled. Protecting the health of our members and employees are LACERA’s top priorities during the current COVID-19 pandemic. |
Canceled* |
| 4/29/20 | Joint Organizational Governance Committee | Agenda |
| 5/8/20 | Audit Committee Meeting | Agenda |
| 5/13/20 | Board of Investments Meeting | |
| 5/20/20 | BOR & BOI Joint Meeting |
| 6/10/20 | Real Assets Committee | Agenda |
| 6/10/20 | Board of Investments Meeting | |
| 6/10/20 | Credit and Risk Mitigation Committee | Agenda |
| 6/24/20 | BOR & BOI Joint Meeting | Agenda Report Out |
| 6/25/20 | Audit Committee | Agenda |
| 7/8/20 | Equity: Public/Private Committee | Agenda Supplemental Document |
| 7/8/20 | Real Assets Committee | Agenda |
| 7/8/20 | Board of Investments Meeting | Agenda Supplemental Document Report Out |
| 8/12/20 | Board of Investments Offsite Meeting | |
| 8/18/20 | BOR & BOI Joint Meeting | Agenda |
| 8/19/20 | Audit Committee | Agenda |
| 9/9/20 | Corporate Governance Committee Meeting | Agenda |
| 9/9/20 | Board of Investments Meeting | |
| 9/9/20 | Credit and Risk Mitigation Committee Meeting | Agenda Report Out |
| 9/30/20 | BOR & BOI Joint Meeting (with Updated Materials) | Agenda Report Out |
| 10/14/20 | Real Assets Committee | Agenda |
| 10/14/20 | Board of Investments Meeting | |
| 10/14/20 | Corporate Governance Committee | Agenda |
| 10/21/20 | Audit Committee | Agenda |
| 10/27/20 | Joint Organizational Governance Committee | Agenda |
| 10/28/20 | BOR & BOI Joint Meeting | Agenda |
| 11/5/20 | Equity: Public/Private Committee | Agenda Report Out |
| 11/5/20 | Board of Investments Meeting | Agenda Report Out Supplemental Document |
| 11/17/20 | Joint Organizational Governance Committee | Agenda Report Out |
| 12/9/20 | Equity: Public/Private Committee | Agenda |
| 12/9/20 | Board of Investments Meeting |
Agenda |
| 12/11/20 | Audit Committee | Agenda |
| 12/16/20 | Joint BOR & BOI Meeting | Agenda |
Use the arrows above to view previous minutes or agendas of upcoming BOI and Committee meetings. To access older meetings not listed above, use the Board Agenda Package Archive page.