Item - 2023.IB4.4

Tracking Status

This item was considered by Toronto Investment Board on September 29, 2023 and was adopted without amendment.

IB4.4 - Real Assets Update

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Confidential Attachment - Security of property belonging to the City of Toronto or one of its agencies or corporations

Board Decision

The Toronto Investment Board:

1. Directed that the confidential information contained in Confidential Attachment 1 and Confidential Attachment 2 to the report (September 15, 2023) from the Director, Capital Markets, Office of the Chief Financial Officer and Treasurer remain confidential in their entirety as they contain information that involves the security of property belonging to the City or one of its agencies or corporations.

Origin

(September 15, 2023) Report from the Director, Capital Markets, Office of the Chief Financial Officer and Treasurer

Summary

The purpose of this report is to update the Toronto Investment Board on the progress to date regarding the hiring of external investment managers in the Real Assets category.

Background Information

(September 15, 2023) Report from the Director, Capital Markets, Office of the Chief Financial Officer and Treasurer on Real Assets Update
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-239219.pdf
Confidential Attachment 1 - Real Asset Manager A - Updated Fund Information
Confidential Attachment 2 - Real Asset Manager B - Updated Fund Information

Motions

1 - Motion to Adopt Item moved by Colin Lynch (Carried)