Item - 2019.IB1.4

Tracking Status

This item was considered by Toronto Investment Board on April 11, 2019 and was adopted with amendments.

IB1.4 - Investment Manager Update

Decision Type:: ACTION

Status:: Amended

Wards:: All

Board Decision

The Toronto Investment Board:

1. Authorized its Vice Chair to act as an alternate to the Chair for the execution of agreements with the firms selected by the Toronto Investment Board as Investment Managers.

Origin

(March 28, 2019) Report from the Executive Director, Corporate Finance

Summary

This report provides an update on the actions taken by Corporate Finance staff with regard to the selection of investment managers since the last meeting of the Toronto Investment Board on November 13, 2018.

Background Information

(March 28, 2019) Report from the Executive Director, Corporate Finance on Investment Manager Update
https://www.toronto.ca/legdocs/mmis/2019/ib/bgrd/backgroundfile-131338.pdf

Motions

Motion to Amend Item moved by John Crocker (Carried)

That the Toronto Investment Board authorize its Vice Chair to act as an alternate to the Chair for the execution of agreements with the firms selected by the Toronto Investment Board as Investment Managers.