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HomeMy WebLinkAboutCOMM - Meeting Minutes - 198 SP - 3-13-2003 - RETIREMENTSaid By IMP 1 E Minute No. 198 SP Washington County Retirement Board Washington, PA, March 13, 200 3 The Special Meeting of the Washington County Retirement Board was held at approximately 10:00 a.m. Thursday, March 20, 2003, in the Public Meeting Room, Courthouse Square Office Building, Washington, Pennsylvania, with the following members being present: Commissioners John P. Bevec, Diana L. Irey, and J. Bracken Burns, Sr.; Treasurer Francis King; and Controller Michael Namie. Also present: Catherine E. Kresh, Administrator/Chief Clerk; Roger Metcalfe, Budget Director. The purpose of this special meeting was to hear presentations for a large cap growth equity manager and a fixed income manager Presentations for a large cap growth equity manager were given by the following: Ark Asset Management Co., Inc. — 10:00 a.m. — Ms. Nancy A. Peretz, Managing Director; Mr. Robert W. Norton, Managing Director. Ashfield & Co., Inc. — 10:30 a.m. — Mr. Keith D. Thompson, Regional Director; Mr. Bradley J. Fretz, Principal/Portfolio Manager. Dresdner RCM Global Investors —11:00 a.m. — Mr. Theodore J. Deutz, Director, Public & Union Plans. Eagle Asset Management, Inc. —11:30 a.m. — Mr. William H. Lynch, Senior Vice President, Institutional Sales; Mr. Duane A. Eatherly, CFA, Managing Director, Portfolio Manager, Institutional Growth Division. All presentation materials are available in the Office of the Controller for inspection. Presentations for a fixed equity manager were given by the following: B1ackRock — 1:00 p.m. — Mr. Grant Duffield, Vice President, Institutional Investment Group; Mr. Richard S. Larimer, Managing Director, Institutional Investment Group; Mr. Glenn G. Groninger, Vice President, Public Finance Group; Mr. Joseph Brehl, Senior Financial Consultant. Federated Investors — 1:30 p.m. — Mr. Robert J. Ostrowski, CFA, Senior Vice President, Senior Portfolio Manager; Mr. David W. Spears, Vice President; Mr. John T. Gentry, CFA, Vice President, Portfolio Manager. Lord, Abbett & Co. — 2:00 p.m. — Mr. William J. Parker, Director of Institutional Sales; Mr. Robert I. Gerber, Partner, Director of Taxable Fixed-, Income Management. Richmond Capital Management — 2:30 p.m. — Mr. Mark J. Walker, CFA, President; Mr. R. Wheatley McDowell, Vice President. All presentation materials are available in the Office of the Controller for inspection. A discussion by the board members followed the presentations. The meeting was adjourned at 3:45 p.m. THE FOLLOWING MINUTES SUBMITTED FOR APPROVAL: 200 ` f ATTEST:/ L SECRETARY 1