2011 Annual TCRS Report - Tennessee Department of Treasury

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T E N N E S S E E C O N S O L I D A T E D R E T I R E M E N T S Y S T E M THE BOARD OF TRUSTEES (CONTINUED) ELECTED OR APPOINTED MEMBERS (continued) Alfred Laney Retired State Employee Term Expires: June 30, 2012 Patsy Moore West Tennessee Teacher Term Expires: June 30, 2014 Tommie Pendergrass Department of Financial Institutions Term Expires: June 30, 2013 David Seivers Tennessee County Services Association Term Expires: June 30, 2013 Ken Wilber Tennessee Municipal League Term Expires: June 30, 2013 EX-OFFICIO MEMBERS Jill Bachus TCRS Director Mark Emkes Comissioner of Finance & Administration Tre Hargett Secretary of State Rebecca Hunter Commissioner of Human Resources David H. Lillard, Jr. State Treasurer Randy McNally Council Chair Charles Sargent Council Vice-Chair Libby Sykes Administrative Director of the Courts Justin Wilson Comptroller of the Treasury P A G E 1 0
I N T R O D U C T O R Y S E C T I O N PROFESSIONAL CONSULTANTS PROFESSIONAL CONSULTANTS Independent professional consultants are appointed by the Board of Trustees to advise the Board and the TCRS staff on investment, medical and actuarial issues. Service fees related to investment professionals may be found on page 44. INVESTMENT ADVISORY COUNCIL The Investment Advisory Council (IAC) was established to assist both the Board of Trustees and the TCRS investment staff. The investment professionals on the IAC serve five-year terms, meet quarterly and are available to the TCRS staff for consultation. IAC members include: Frederick S. Crown, CFA (retired) Regions Bank Nashville, Tennessee Henry Delicata Park Street Capital Boston, Massachusetts Susan Logan Huffman, CFA Reliant Investment Management, LLC Memphis, Tennessee George B. Stadler, CFA HMS Capital Management, LLC Nashville, Tennessee Chuck Webb, CFA Weaver C. Barksdale & Associates Brentwood, Tennessee GENERAL INVESTMENT AND PRIVATE EQUITY CONSULTANT An investment consultant is employed to assist in the longterm financial planning process, to evaluate various investment strategies, to measure investment performance, to determine whether the system’s objectives are being met, to research investment proposals regarding the use of new asset classes or variations of existing asset classes and to provide investment information on various issues which may arise. Pete Keliuotis Strategic Investment Solutions, Inc. 333 Bush Street, Suite 2000 San Francisco, California 94104 INTERNATIONAL EQUITY INVESTMENT MANAGERS The international equity investment managers are responsible for purchasing stock of companies domiciled in foreign countries as set out in the investment policy. Gerard Branka Pyramis Global Advisors, LLC 53 State Street Boston, Massachusetts 02109 Joel Brous American Century Investments 666 Third Avenue, 23rd Floor New York, New York 10017 Molly Sodeinde TT International Moor House, Level 13, 120 London Wall London, EC2Y 5ET, UK Paul Eisenhardt GE Asset Management, Inc. 3001 Summer Street Stamford, Connecticut 06904 Robert Job PanAgora Asset Management, Inc. 260 Franklin Street, 22nd Floor Boston, Massachusetts 02110 Dr. Kenneth J. Lyall Walter Scott & Partners, Ltd. One Charlotte Square Edinburgh EH2 4DZ Scotland, UK Eric Maskalunas Baring Asset Management, Inc. Independence Wharf, 470 Atlantic Avenue, 9th Floor Boston, Massachusetts 02210 Wilson Phillips Marathon - London Orion House, 5 Upper St. Martin’s Lane London WC2H 9EA, UK (continued) P A G E 1 1
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2011 Annual TCRS Report - Tennessee Department of Treasury

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