Posted: November 10, 2021
CITY OF EAST PROVIDENCE FIREMEN’S & POLICEMEN’S RETIREMENT PENSION FUND DOCKET
A regular quarterly meeting of the Firemen’s and Policemen’s Retirement Pension Fund Board of Trustees will be held on Monday, the 15th of November 2021 in Council Chambers at City Hall, 145 Taunton Avenue, East Providence, RI 02914 at 3:00 p.m.
Trustees:
Lt. Jeffrey Wyrostek, Chairman, Fire Representative
Capt. James Nelson, Vice Chairman, Police Representative
John C. Neale, Retiree Representative
John F. Wallace, Civilian Representative
Ricardo D. Mourato, Councilman, City Council Representative
Roberto L. DaSilva, Mayor
Malcolm Moore, Director of Finance, Administrator
Other Attendees:
Michael J. Marcello, City Solicitor
Michael Dwyer, Wainwright Investment Counsel, LLC
Kim Brown, Pension Clerk
AGENDA
Swearing in Lt. Wyrostek as new Chairman, swearing in Capt. Nelson as new Vice Chairman
I Call to Order
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
II Board Communications
Lt. Jeffrey Wyrostek to speak
III Presentation by Entrust
Entrust has a new investment opportunity they will present to the Board. The Board may vote whether or not to invest.
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
IV Presentation by Wainwright Investments LLC
Michael Dwyer will be here from the pension investment counsel firm to review the September 2021 Performance Report.
Recommendations / Cash Flow for invoices
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
Accepting Handouts into Record
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
V To Approve the Consent Calendar
All items under “Consent Calendar” are considered to be of a routine and noncontroversial nature by the Board and will be enacted by one motion. There will be no separate discussion on these items unless a Board member so requests, in which event, the item will be removed from the “Consent Calendar” and will be considered in its normal sequence on the docket.
Pension meeting journal for August 30, 2021
COLA listing for September, October and November 2021
Barings Invoice 3rd Qtr.
City of East Providence Invoice Annual 2021
IR+M Invoice 2nd Qtr.
Invesco Invoice 3rd Qtr.
Nyhart Invoices August, October and October 2021
Wainwright Investment Counsel, LLC 3rd Qtr.
Wells Fargo Fee Advise 3rd Qtr.
Trade Authorizations for Vanguard Small Cap (2)
Capital Call for TA Realty - The Realty Associates Fund XII UTP, LP
Capital Call for HarbourVest - Dover Street X L.P.
Capital Call for Lexington Capital Partners IX, L.P.
Capital Call for CITCO - Entrust Global Recovery Fund LP
Cash Distribution notice from Dover Street X L.P.
Invesco Monthly Account Statement for August, September, and October 2021
Principal U.S. Property 3rd Qtr. 2021 Flash Report
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VI Vote to set the regular quarterly meeting dates for calendar year 2022
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VII Discussion/Vote regarding editing the wording of Ordinance 11-252 originally presented as 11-253 in September 2018 titled Death of a retired participant
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
VIII Discussion/Vote regarding a Military Buyback policy
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
IX Adjournment
Motion: By_____2nd_____
Wyrostek ____ Nelson_____ Neale ____Wallace ____Mourato ____ DaSilva______Moore____
