Meeting of the Investment Committee

April 16 @ 9:00 am - 2:00 pm

Champaign, IL – The Investment Committee of the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, April 16, 2026, at the Northern Trust – Global Conference Center – 50 S. LaSalle St. Chicago, IL 60604.

Times shown on the agenda that follows are approximate.

Members of the public who would like to make public comments during any SURS Board of Trustees or Committee meetings that are open to the public must comply with the requirements found in Title 80, Subtitle D, Chapter II, Section 1600.120 (i)(1) and (2) of the Illinois Register. Click here for details.

Optional Remote Connection for Public Members

Zoom Meeting Number: 1-312-626-6799 | Meeting ID: 874 1946 0287 Passcode: 154686

1. 9:00 a.m.

Roll Call of Trustees

2.* 9:00 a.m.

Motion to Allow Trustees to Participate Via Electronic Means, if Necessary​

3.* 9:00 a.m.

Approval of the Investment Committee Meeting Minutes of:

a. March 5, 2026

Presenter: Trustee Scott Hendrie

4.* 9:00 a.m.

Approval of the Closed Session Investment Committee Meeting Minutes of:

a. March 5, 2026

Presenter: Trustee Scott Hendrie

5. 9:05 a.m.

Chairperson’s Report

Presenter: Trustee Scott Hendrie

6. 9:10 a.m.

CIO Report

Presenter: Mr. Michael Schlachter

7. 9:15 a.m.

Pending Investment Procurement Items/ Pipeline Report – Closed Session

Presenter: Mr. Michael Schlachter

8.* 9:35 a.m.

Consideration of Potential Manager Termination – Closed Session

Presenters: Mr. Michael Schlachter and SURS Investment Staff

9. 9:45 a.m.

Traditional Growth Annual Review

Presenter: Mr. Alex Ramos

10.* 10:15 a.m.

Consideration of Potential Manager Terminations – Closed Session

Presenters: Mr. Michael Schlachter and SURS Investment Staff

11. 10:25 a.m.

AI’s Impacts on Economy and Markets – Educational Session

Presenters: CAPTRUST

12. 11:25 a.m.

Private Equity Discussion

Presenter: Trustee Steven Rock

12:00 p.m.

Lunch

13. 12:30 p.m.

Private Credit – Educational Session

Presenters: Mr. Joe Duncan; Ms. Mary Bates, Meketa; Ms. Ahsha Haggart, Sixth Street; and Mr. Kevin Brooks, Sixth Street.

14. 1:30 p.m.

Updated Capital Market Assumptions – Educational Session

Presenter: Mr. Colin Bebee, Meketa

15. 1:50 p.m.

Public Comment

16.* 1:55 p.m.

Adjourn

* Denotes Action Item