****Notice of meeting **** - 05/20/08

The Ohio State University Board of Trustees Committee on Development and Investment will meet from 9 to 10:30 a.m. on Wednesday (5/21) at Longaberger Alumni House, 2200 Olentangy River Road.
The agenda follows:

DEVELOPMENT AND INVESTMENT COMMITTEE MEETING

Leslie H. Wexner, Chair
Walden W. O'Dell, Vice Chair
G. Gilbert Cloyd, ex officio
Alan W. Brass
Robert H. Schottenstein
John B. Gerlach Jr.
David A. Rismiller
Location: Mount Leadership Room Time: 9 a.m.

ITEMS FOR DISCUSSION

A. Carryover Policy Items from the April 4, 2008 Committee Meeting – Mr. Shkurti/Mr. Johnson/Mr. Proctor
1. Investment of Operating Funds
2. Investment Policies
a. Interim Long-Term Investment Pool Policy
b. Operating and Agency Fund Investment Policy
3. Distribution Policies
4. Five-Year Financial Goals
5. Real Estate in the Long-Term Investment Pool
B. Asset Allocation and Traditional Investments Update (Cambridge) – Mr. Kirk
Peer Comparisons
Asset Allocation Proposed
Traditional Investment Changes Proposed
C. Alternative Investments Update (Cliffwater) – Mr. Sugino/Mr. Feidler
Private Equity Update
Real Asset Changed Proposed
Hedge Fund Update
Portable Alpha (previously approved)
D. June Managers Draft Resolution – Mr. Shkurti/Mr. Johnson