Meeting

VENTURA COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION 

BOARD OF RETIREMENT 

BOARD RETREAT & BUSINESS MEETING 

September 30, 2024


AGENDA

PLACE:   Ventura Beach Marriott
                Emma Wood Ballroom
                2055 E. Harbor Blvd.
                Ventura, CA 93001


The public may listen to the Public Session and offer comments by calling: +1 (669) 219-2599, using Meeting ID: 725-838-7457. Persons may also submit written comments to [email protected] prior to and during the Board meeting. Please include your name, agenda item, the last 4 numbers of the telephone number that will be used to call in, and your comment. Public comment emails will be read into the record or summarized if lengthy.

The Board may take action on any item on the agenda, and agenda items may be taken out of order. 

TIME:  9:00 a.m. 

ITEM: 

 
I.
INTRODUCTION & APPROVAL OF AGENDA
A.
Roll Call.
B.
Approval of Agenda.
II.
CONSENT AGENDA
A.
Approve Disability & Business Meeting Minutes for September 9, 2024.
B.
Approve Regular and Deferred Retirements and Survivors Continuances for the Month of August 2024.
C.
Receive and File Report of Checks Disbursed in August 2024.
D.
Receive and File Fiscal Year 2023-24 Quarterly Budget Summaries and Financial Statements (Unaudited) for the Period Ending June 30, 2024.
E.
Approve Request for Authorization to Conduct Due Diligence Visits to Reams in Indianapolis, IN; Tortoise in Leawood, KS; and State Street in Kansas City, MO October 29 - 31, 2024.
III.
PRESENTATION: “VIEW FROM WASHINGTON”
A.
View from Washington Presentation by Frank Kelly, Founder & Managing Partner Fulcrum Macro Advisors LLC, and Senior Political Strategist for DWS.
RECOMMENDED ACTION: Receive and File.
IV.
PRESENTATIONS: "DRIVE CAPITAL"
A.
Presentation by Drive Capital Co-Founder and Managing Partner, Chris Olsen, and Investor Relations Head, Sid Makker.
RECOMMENDED ACTION: Receive and File.
B.
Presentation by Founder Jeremiah Pate, Lunasonde. 
RECOMMENDED ACTION: Receive and File.
C.
Presentation by Founder Paul Lwin, HavocAI.
RECOMMENDED ACTION: Receive and File.
V.
INVESTMENT INFORMATION
A.
Sculptor Real Estate Fund V $100 Million Investment Commitment.
RECOMMENDED ACTION: Approved.
B.
Monthly Performance Report for the Period Ending August 31, 2024.
RECOMMENDED ACTION: Receive and File.
VI.
PRESENTATION: "DISABILITY RETIREMENT PROCESS OVERVIEW"
A.
Disability Retirement Process Overview Presentation by Erika Herincx, VCERA Retirement Benefits Manager.
RECOMMENDED ACTION: Receive and File.
VII.
PRESENTATION: "INTRODUCTION TO VCERA’S 2024 COMMUNICATIONS INITIATIVES"
A.
Introduction to VCERA’s 2024 Communications Initiatives Presentation by Anikka Abbott, VCERA Communications Officer.
RECOMMENDED ACTION: Receive and File.
VIII.
PRESENTATION: "BOARD ACCOMPLISHMENTS FOR FISCAL YEAR 2023-24"
A.
Board Accomplishments for Fiscal Year 2023-24 Presentation by Amy Herron, VCERA Retirement Administrator.
RECOMMENDED ACTION: Receive and File.
IX.
OLD BUSINESS
A.
A. None.
X.
NEW BUSINESS
A.
None.
XI.
INFORMATIONAL
XII.
PUBLIC COMMENT
XIII.
STAFF COMMENTS
XIV.
BOARD MEMBER COMMENT
XV.
ADJOURNMENT