Decision details

26.1     The Committee considered reports by Hymans Robertson on:

·         The performance of fund managers during the second quarter of 2016.

·         A proposed statement of investment beliefs for the Committee

·         An update on the East Sussex Pension Fund’s private markets programme

·         A potential business plan for reviewing the Funds’ investment arrangements.

26.2     The Committee RESOLVED to:

1) agree the proposed statement of investment beliefs;

2) agree to continue to commit to new private equity funds in order to maintain the target allocation; and

3) agree the business plan for reviewing the Funds’ investment arrangements.