BEGIN:VCALENDAR PRODID:-//Hawaii Public Meetings and Events Calendar//111285834//EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT DTSTAMP:20261115T180632Z DTSTART:20261006T173000 DTEND:20261007T000000 SUMMARY:Special Meeting of the Board of Trustees of the Employees' Retire ment System of the State of Hawaii UID:20261115T180632Z-uidGen@fe80:0:0:0:410:d2ff:fefd:e5dd%ens5 TZID:HST LOCATION:The Ritz-Carlton Oahu\, Turtle Bay\, 57-091 Kamehameha Highway\, Kahuku\, Hawaii 96731 DESCRIPTION:

NOTICE OF SPECIAL MEETING& nbsp\;

\n

AGENCY: \;  \;  \;  \;  \; B oard of Trustees of the Employees&rsquo\; Retirement System of the State of Hawaii

\n

PLACE: \;  \;  \;  \;  \;   \;  \;The Ritz-Carlton Oahu\, Turtle Bay\, 57-091 Kamehameha Highway\, Kahuku\, Hawaii \; 96731

\n

DATES: \;  \;  \;  \;  \;  \;  \;Tuesday\, October 6\, 2026\, 5:30 p.m. (Oahu Conference Ro om)\;
 \; \; \; \; \; \; \; \;&nb sp\; \; \; \; \; \; \; \; \; \;  \; \; \; \; \; Wednesday\, October 7\, 2026\, 8:0 0 a.m. (Oahu Conference Room)\;
 \; \; \; \;  \; \; \; \; \; \; \; \; \; \; \;  \; \; \; \; \; \; \; \; Thursday \, October 8\, 2026\, 8:00 a.m. (Kuilima Ballrooms 1 and 2)\;
&nb sp\; \; \; \; \; \; \; \; \; \;  \; \; \; \; \; \; \; \; \; \; \;  \; \; Friday\, October 9\, 2026\, 8:10 a.m. (Kuilima Bal lrooms 1 and 2)

\n

AGENDA

\n

The order in which items on the agenda are cons idered may change at the discretion of the Chair.
Meeting will begin at 5:30 p.m. on Tuesday\, October 6\, 2026\, in the Oahu Conference Room. \;

\n< p>TUESDAY\, OCTOBER 6\, 202 6

\n

QUORUM/CALL TO ORDER
Vincent Barfield\, Chair\, Employees& rsquo\; Retirement System Board of Trustees \;

\n

PUBLIC COMMENT
Members of the public may submit written testimony on these agend a items via e-mail or postal mail with receipt recommended by 4:30 p.m. on Monday\, October 5\, 2026\, in order to ensure it is distributed in t ime for consideration. \; P lease address written testimony if by e-mail to: \; dale.kanae@hawaii.gov or by postal mail to: \; Employees&rsquo\; Retirement System of th e State of Hawaii\, Board of Trustees\, 201 Merchant Street\, Suite 1400 \, Honolulu\, HI \; 96813.< span style="mso-spacerun: yes\;"> \; Members of the public ma y also attend the meeting and provide testimony in person< /span>.

NEW BUSINESS

< span style="font-size: 11.0pt\;">1. \; \; \; \;&n bsp\; \; Pre-ERS Investment Education Summit Session. Review Agendas fo r October 7-9\, 2026.

\n

Meeting will recess and rec onvene at 8:00 a.m. on Wednesday\, October 7\, 2026\, in the Oahu Confer ence Room.

\n

 \;

\n

WEDNESDAY\, OC TOBER 7\, 2026 \;

\n

Meeting will rec onvene at 8:00 a.m. in the Oahu Conference Room.

\n

RECONVENE

\n

QUORUM/CALL TO ORDER
Vincent Barfield\, Ch air\, Employees&rsquo\; Retirement System Board of Trustees

\n

EXECUTIVE SESSION
The following matters will be considered in Executive Session\, pursuant to HRS §\;88-27.5(a)(1) and (3) and HRS §\;92-5(a)(4)\, as the Board anticipates conducting discussions and/or deliberations re lating to\, or to make a decision upon\, investments or prospective inve stments by the system that require the consideration of information or r ecords that are exempt from disclosure under HRS §\;92F\, including without limitation information and records that are proprietary informat ion or confidential business information\, and deliberations concerning the authority of persons designated by the Board to negotiate investment s or the sale of property held by or for the benefit of the system\; and to discuss and review Leadership Succession Plans of the ERS. \; The Board may also consult with t he Board&rsquo\;s attorneys on questions and issues pertaining to the Bo ard&rsquo\;s powers\, duties\, privileges\, immunities\, and liabilities with respect to these matters.

\n

1. \; \; \; \; \; \; Total Fun d Strategic Update.

\n

2. \; \; \; \; \; \; Asset Liability Study .

\n

3. \;  \; \; \; \; \; < span style="font-size: 11.0pt\;">Total Fund Liquidity and Risk Update.

\n

4. \;&nb sp\; \; \; \; \; Operational Risk Introduction.

\n

5. \; \; \ ; \; \; \; Liquid Markets.

\n

a. \; \;&n bsp\; \; \; \; Diversifying Strategies Strategic Update.
< /span>b. \; \;&nbs p\; \; \; \; Public Equity Update.

\n

6. \; \; \; \; \;&n bsp\; Private Markets.

\n

< span style="mso-bookmark: _Hlk106624886\;">a. \; \; \; \;&nbs p\; \; Global Credit Strategic Plan.
b. \; \; \; \; \; \; Real A ssets Strategic Plan.
c. \; \; \; \; \; \; Private Equity Strateg ic Plan.
 d.&nb sp\; \; \; \; \; \; HiTIP Strategic Update.

\n

7. \; \; \ ; \; \; \; Approval of Global Credit Strategic Plan\, Real Asse ts Strategic Plan\, and Private Equity Strategic Plan.

\n

8.  \; \; \;  \; \; \; BlackRock Alpha Tilt Portfolio Strategy and Performance.

\n

9. \;&nb sp\; \; \; \; \; Executive Session\, pursuant to HRS §\ ;92-5(a)(4)\, to Discuss and Review Leadership Succession Plans of the E mployees&rsquo\; Retirement System.

\n

Meeting will recess and reconvene at 8:00 a.m. on Thursday\, Oc tober 8\, 2026\, in the Kuilima Ballrooms 1 and 2.< /span> \;

\n

 \;

\n

THURSDAY\, OCTOBER 8\, 2025

\n

 \;Meeting will reconvene at 8: 00 a.m. in the Kuilima Ballrooms 1 and 2.

\n

RECONVENE

\n

QUORUM/CALL TO ORDER
Vincent Barfield\, Chair\, Employe es&rsquo\; Retirement System Board of Trustees

\n

WELCOME ADDRESS
Vincent Barfield\, Ch air\, Employees&rsquo\; Retirement System Board of Trustees

\n

STATE OF THE EMPLOYEES&rsquo\; RETIREMENT SYSTEM
Kalbert Young\, Executive Director\, Employees& rsquo\; Retirement System

\n

MASTERCLASS ON INVESTMENT LEADERSHIP
Moderator: Vincent Barfield\, Chair\, Employees&rsquo \; Retirement System Board of Trustees
Panelist : \; \; \; \; Ro b Kaplan\, Vice Chairman\, Goldman Sachs

\n

KEYNOTE: \; U.S. PUBLIC POL ICY &\; POLITICAL MARKET INSIGHTS
Presen ter: \; \; Emmit Kane\, Trustee\, Employees&rsquo\; Retirement System Board of Trustees
Speaker: \; \;  \; \; Gene Sperling\, Consultant to PIMCO< /p>\n

MACROECONOMIC TRENDS
Moder ator: Lynn Kamimoto\, Investment Officer - Risk\, Employees&rsquo\; Retirement System
Panelist: \; \; \;&n bsp\; Torsten Slok\, Partner and Chief Economist\, Apollo Global Management \;

\n

INVE STING IN ARTIFICIAL INTELLIGENCE
Moderator:  \; Aaron Au\, Investment Of ficer &ndash\; Private Equity/Venture Capital\, Employees&rsquo\; Retire ment System
Panelist: \;  \;  \;  \;Anita Sands\, Vice Chair &a mp\; Head of Growth\, General Catalyst

\n

TH E VALUE OF OPERATIONAL DUE DILIGENCE
Moderator: Jennifer Kimura\, In vestment Officer &ndash\; Operations\, Employees&rsquo\; Retirement Syst em
Panelist:&n bsp\; \; \; \; Michael Merrigan\, Founder\, Shadmoor Advisors

\n

DIVERSIFYING STRATEGIES: \; BUILT TO PERFORM WHEN MARKETS D ON&rsquo\;T
Moderator: Andrew Chen\, Investment Officer &ndash\; Glo bal Credit/Diversifying\, Employees&rsquo\; Retirement System
 \; \; \;&nb sp\; \; \; \; \; \; \; \; \; \;  \; \; \; \; Roman Mahi\, Investment Specialist &ndash \; Global Credit/Diversifying\, Employees&rsquo\; Retirement System
Panelists: \;& nbsp\; \; Neale Jackson\, Portfolio Manager\, 36 South Adviso rs
 \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; \; \; \; \; \; Faisal Javaid\, Head of Exte rnal Alpha Investment Risk\, Solutions\, Man Group
 \; \; \; \; \;  \; \; \; \; \; \; \; \; \; \;&n bsp\; \; Lisa Martin\, Director of Business Development\, Cra bel Capital Management
 \; \; \; \; \; \; \; \; \;  \; \; \; \; \; \; \; \; Chris Sa ntore\, Executive Vice President\, Quantitative Strategies\, PIMCO

\n

HAWAII TARGETED INVESTMENTS
Moderator: And rew Betz\, Partner\, Stafford Capital Partners
 Panelists: \; \; \; Dawn Harflinger\, Founder\, Hawaii Permanent Fund\, Opihi Capital
< /span> \; \; \ ; \; \; \; \; \; \; \; \; \; \;& nbsp\; \; \; \; Scott Trebilco\, Senior Managing Dire ctor\, Blackstone &ndash\; Real Estate

\n

PR IVATE MARKETS OUTLOOK
Moderator: Ian Wetzel\, Investment Officer &nd ash\; Real Assets\, Employees&rsquo\; Retirement System
Panelists: \; \; \ ; Ilene Levinson\, Managing Director\, Hamilton Lane
  \; \; \;  \; \; \; \; \; \; \; \; \; \; \;  \; \; \; Sasha Talcott\, Managing Director\, KKR Cli ent Solutions
  \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; \; Steve Turner\, Ma naging Director\, Morgan Stanley Investment Management

\n

Meeting will rec ess and reconvene at 8:10 a.m. on Friday\, October 9\, 2026\, in the Kui lima Ballrooms 1 and 2.

\n

 \;

\n

FRIDAY\, OCTOBER 9\, 2026 \;

\n

Meeting will reconven e at 8:10 a.m. in the Kuilima Ballrooms 1 and 2.

\n

RECONVENE

\n

QUORUM/CALL TO ORDER
Vincent Barfield\, Chair\, Employees &rsquo\; Retirement System Board of Trustees

\n

KEYNOTE ADDRESS: \; EMPATHIC LEADERSHIP VALUE CREATION
 Presenter: \; \; Amanda Lowrey\, Trustee\, Employees&rsquo \; Retirement System Board of Trustees
Speaker: \; \;&nbs p\; \; Amy Lesch\, Partner\, Head of Global Product Strategy\ , KKR Client Solutions

\n

PUBLIC PENSION CIO PANEL: \; LESSONS LEARNED
M oderator: Anthony Goo\, Interim Chief Investment Officer\, Employees&rsquo\; Retirement System
Panelists: \; \; \; Jason Malinowski\, CIO\, Seattle Ci ty Employees&rsquo\; Retirement System
 \; \; \;  \; \; \; \; \; \; \; \; \; \; \;  \; \; \; Steven Meier\, Vice Chair of Neuberger Berm an\; former CIO\, New York City Bureau of Asset Management
< span style="font-size: 11.0pt\;"> \ ; \; \; \; \; \; \; \; \; \; \;& nbsp\; \; \; \; \; \; Alison Romano\, CEO &am p\; CIO\, San Francisco Employees&rsquo\; Retirement System

\n

A CONVERSATION WITH THE TITANS O F PRIVATE CREDIT
Moder ator: Darlene Blakeney\, Trustee \, Employees&rsquo\; Retirement System Board of Trustees
Panelists: \; \; \; Glen August\, CEO\, Oak Hill Advisors
 \;  \;  \;  \;  \;  \;  \;  \; &nbs p\; Howard Marks\, Co-Chair\, Oaktree Capital Management \;

\n

CLOSING
Presenters: Vincent Barfi eld\, Chair\, Employees&rsquo\; Retirement System Board of Trustees
 \; \; \; \; \; \; \; \; \; \ ; \; \; \; \; \; \; \; Anthony Goo\, Interim Chief Investment Officer\, Employees&rsquo\; Retirement System

\n

NEW BUSINESS (cont&rs quo\;d)

\n

2. \; \; \; \; \; \; Post-ERS Investment Education Summit Debrief Session. \; Discuss Insights\, Improvements\, and Future Event s.

\n

ADJOURNMEN T

\n

If you require auxiliary aid/service or other accommodation due to a disability\, please contact Dale Kehau Kanae at (808) 586-1706 or dale.kanae@hawaii .gov as soon as possible\, preferably by Thursda y\,
October 1\, 2026\, and the ERS will try to obtain the auxiliar y aid/service or accommodation\, but cannot guarantee that the request c an be fulfilled.

\n

Upon request\, this notice can be made ava ilable in large print.

\n

 \;

X-ALT-DESC;FMTTYPE=text/html:

NOTICE OF SPECIAL MEETING \;

\n

AGENCY: \;  \;  \;  \;  \; Board of Trustees of the Employees&rsquo\; Retirement Sy stem of the State of Hawaii

\n

PLACE: \;  \;  \; &nbs p\;  \;  \;  \;The Ritz-Carlton Oahu\, Turtle Bay\, 5 7-091 Kamehameha Highway\, Kahuku\, Hawaii \; 96731

\n

DATES: \;  \;  \;  \;  \;  \;  \;Tuesday\, October 6\, 2026\, 5:30 p.m. (O ahu Conference Room)\;
 \; \; \; \; \; \;  \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; \; Wednesday\, Octob er 7\, 2026\, 8:00 a.m. (Oahu Conference Room)\;
 \; \;&n bsp\; \; \; \; \; \; \; \; \; \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; Thursday\, October 8\, 2026\, 8:00 a.m. (Kuilima Ballrooms 1 an d 2)\;
 \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; \; \; \; \;&nbs p\; \; \; \; \; Friday\, October 9\, 2026\, 8:10 a.m. (Kuilima Ballrooms 1 and 2)

\n

AGENDA

\n

The order in which items on th e agenda are considered may change at the discretion of the Chair.
Meeti ng will begin at 5:30 p.m. on Tuesday\, October 6\, 2026\, in the Oahu C onference Room.&nbs p\;

\n

TUESDAY\ , OCTOBER 6\, 2026

\n

QUORUM/CALL TO ORDER
Vincent Barfield\, C hair\, Employees&rsquo\; Retirement System Board of Trustees \;

\n

PUBLIC COMMENT
Members of the public may submit written testimo ny on these agenda items via e-mail or postal mail with receipt recommen ded by 4:30 p.m. on Monday\, October 5\, 2026\, in order to ensure it is distributed in time for consideration. \; Please address written testimony if by e-mail to: \; dale.kanae@hawaii.gov or by postal mail to:< span style="mso-spacerun: yes\;"> \; Employees&rsquo\; Retire ment System of the State of Hawaii\, Board of Trustees\, 201 Merchant St reet\, Suite 1400\, Honolulu\, HI  \; 96813. \; Members of the public may also attend the meeting and provide testimony in pers on.

NEW BUSINESS

1. \; \ ; \; \; \; \; Pre-ERS Investment Education Summit Session. Review Agendas for October 7-9\, 2026.

\n

Meeting wi ll recess and reconvene at 8:00 a.m. on Wednesday\, October 7\, 2026\, i n the Oahu Conference Room.

\n

& nbsp\;

\n

WEDNESDAY\, OCTOBER 7\, 2026 \;\n

Meeting will reconvene at 8:00 a.m. in the Oahu Conference Room.

\n

RECONVENE

\n

QUORUM/CALL TO ORDER
Vinc ent Barfield\, Chair\, Employees&rsquo\; Retirement System Board of Trus tees

\n

EXECUTIVE SESSION
The following matters will be considered in Exe cutive Session\, pursuant to HRS §\;88-27.5(a)(1) and (3) and HRS &s ect\;92-5(a)(4)\, as the Board anticipates conducting discussions and/or deliberations relating to\, or to make a decision upon\, investments or prospective investments by the system that require the consideration of information or records that are exempt from disclosure under HRS §\ ;92F\, including without limitation information and records that are pro prietary information or confidential business information\, and delibera tions concerning the authority of persons designated by the Board to neg otiate investments or the sale of property held by or for the benefit of the system\; and to discuss and review Leadership Succession Plans of t he ERS. \; The Board may al so consult with the Board&rsquo\;s attorneys on questions and issues per taining to the Board&rsquo\;s powers\, duties\, privileges\, immunities\ , and liabilities with respect to these matters.

\n

< span style="mso-bookmark: _Hlk106624886\;">1. \; \; \; \;&nbs p\; \; Total Fund Strategic Update.

\n

2. \; \; \; \; \; \; < /span>Asse t Liability Study.

\n

3. \; \; \; \; \; \; Total Fund Liquidity a nd Risk Update.

\n

4. \; \; \; \; \; \; < !--[endif]-->Operational Risk Introduc tion.

\n

5.&nb sp\; \; \; \; \; \; Liquid Markets.

\n

a. \; \; \; \; \; \; Diversifying Strategies Strateg ic Update.
b.& nbsp\; \; \; \; \; \; Public Equity Update.

\n

6. \; \; \ ; \; \; \; Private Markets.

\n

a. \; \;& nbsp\; \; \; \; Global Credit Strategic Plan.
 b. \; \; \; \;& nbsp\; \; Real Assets Strategic Plan.
c. \; \; \; \; \; \; Priva te Equity Strategic Plan.
d. \; \; \; \; \; \; < /span>HiTIP Strategic Up date.

\n

7.&nb sp\; \; \; \; \; \; Approval of Global Credit Strategic Plan\, Real Assets Strategic Plan\, and Private Equity Strategic Plan.< /span>

\n

8. \;&n bsp\; \; \; \; \; BlackRock Alpha Tilt Portfolio Strategy a nd Performance.

\n

9. \; \; \; \; \; \; < !--[endif]-->Executive Session\, pursu ant to HRS §\;92-5(a)(4)\, to Discuss and Review Leadership Successi on Plans of the Employees&rsquo\; Retirement System.

\n

Meeting will recess and reconvene at 8:00 a.m. on Thursday\, October 8\, 2026\, in the Kuilima Ballrooms 1 and 2. \;

\n

 \;

\n

THURSDAY\, OCTOBER 8\, 2025

\n

 \;Meeting wil l reconvene at 8:00 a.m. in the Kuilima Ballrooms 1 and 2.

\n

RECONVENE

\n

QUORUM/CALL TO ORDER
Vincent Barfield\ , Chair\, Employees&rsquo\; Retirement System Board of Trustees

\n

WELCOME ADDRESS
Vinc ent Barfield\, Chair\, Employees&rsquo\; Retirement System Board of Trus tees

\n

RECONVENE

\n

QUORUM/CALL TO ORD ER
Vincent Barfield\, Chair\, Employees&rsquo\; Retirement System Board of Trustees

\n

KEYNOTE ADDRESS: \; EMPATHIC LEADERSHIP VALUE CREATION
Presenter: \; \; Amanda Lowrey\, Trustee\ , Employees&rsquo\; Retirement System Board of Trustees
Speaker:& nbsp\; \; \; \; Amy Lesch\, Partner\, Head of Global Product Strategy\, KKR Client Solutions

\n

PUBLIC PENSION CIO PANEL: \; LESSONS LEARNED
Moderator: Antho ny Goo\, Interim Chief Investment Officer\, Employees&rsquo\; Retirement System
Panelists: \; \; \; Jason Malinowski\, CIO\, Seattle City Employees&rsquo\; Retirement System
 \;&n bsp\; \; \; \; \; \; \; \; \; \;&nbs p\; \; \; \; \; \; Steven Meier\, Vice Chair of Neuberger Berman\; former CIO\, New York City Bureau of Asset Managem ent
 \; \; \; \; \; \; \; \;  \; \; \; \; \; \; \; \; \; Alison Romano\, CEO &\; CIO\, San Francisco Employees&rsquo\; Retirement Sy stem

\n

A CONVERSATION WITH THE TITANS OF PRIVATE CREDIT
Moderator: Darlene B lakeney\, Trustee\, Employees&rsquo\; Retirement System Board of Trustee s
Panelists: \; \; \; Glen August\, CEO\, Oak Hill Advisors
 \;  \;  \;  \;  \;  \; &nb sp\;  \;  \; Howard Marks\, Co-Chair\, Oaktree Capital Ma nagement \;

\n

< u>STATE OF THE EMPLOYEES&rsquo\; RETIR EMENT SYSTEM
Kalbert Young\, Executive Dire ctor\, Employees&rsquo\; Retirement System

\n

MASTERCLASS ON INVESTMENT LEADERSHIP
Mode rator: Vincent Barfield\, Chair\ , Employees&rsquo\; Retirement System Board of Trustees
Panelist: \; \; \;  \; Rob Kaplan\, Vice Chairman\, Goldman Sachs< /p>\n

KEYNOTE: \; U.S. PUBLIC POLICY &\; POLITICAL MARKET INSIGHTS
Presenter: \; \; Emmit Kane\, Trustee\, Employees&rsquo\; Retirement System Board of Trustees
Speaker: \; \; \; \; Gene Sperling\, Consultant to PIM CO

\n

MACROECONOMIC TRENDS
< /span>Moderator: Lynn Kami moto\, Investment Officer - Risk\, Employees&rsquo\; Retirement SystemPanelist: \ ; \; \; \; Torsten Slok\, Partner and Chief Economist \, Apollo Global Management \;

\ n

INVESTING IN ARTIFICIAL INTELLIGENCE
Moderator: \; Aaron A u\, Investment Officer &ndash\; Private Equity/Venture Capital\, Employe es&rsquo\; Retirement System
Panelist: \;  \;  \;  \;Anita Sand s\, Vice Chair &\; Head of Growth\, General Catalyst

\n

THE VALUE OF OPERATIONAL DUE DILIGENCE
Moderator: Jen nifer Kimura\, Investment Officer &ndash\; Operations\, Employees&rsquo\ ; Retirement System
Panelist: \; \; \; \; Michael Merrigan\, Fo under\, Shadmoor Advisors

\n

DIVERSIFYING ST RATEGIES: \; BUILT TO PERFO RM WHEN MARKETS DON&rsquo\;T
Moderat or: Andrew Chen\, Investment Off icer &ndash\; Global Credit/Diversifying\, Employees&rsquo\; Retirement System
 \;  \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; Roman Mahi\, Investment Specialist &ndash\; Global Credit/Diversifying\, Employees&rsquo\; Retir ement System
Panelists: \; \; \; Neale Jackson\, Portfolio Manager\ , 36 South Advisors
 \; \; \; \; \; \; \; \; \;&nb sp\; \; \; \; \; \; \; \; Faisal Java id\, Head of External Alpha Investment Risk\, Solutions\, Man Group
 \; \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; \; \; \; \; Lisa Martin\, Director of Business Development\, Crabel Capital Management
 \; \; \; \; \; \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; Chris Santore\, Executive Vice President\, Quantitative Strateg ies\, PIMCO

\n

HAWAII TARGETED INVESTMENTSModerator: Andrew Betz\, Partner\, Stafford Capital Partners
Panelists: \;  \; \; Dawn Harflinger\, Founder\, Hawaii Permanent Fund\, Opi hi Capital
&nb sp\; \; \; \; \; \; \; \; \; \;  \; \; \; \; \; \; \; Scott Trebilco\, Sen ior Managing Director\, Blackstone &ndash\; Real Estate

\n

PRIVATE MARKETS OUTLOOK
Moderator: Ian Wetzel\, Inves tment Officer &ndash\; Real Assets\, Employees&rsquo\; Retirement System
Panelists:&nb sp\; \; \; Ilene Levinson\, Managing Director\, Hamilton Lane
 \;&n bsp\; \; \; \; \; \; \; \; \; \;&nbs p\; \; \; \; \; \; Sasha Talcott\, Managing D irector\, KKR Client Solutions
 \; \; \; \; \; \; \; \ ; \; \; \; \; \; \; \; \; \; Steve Turner\, Managing Director\, Morgan Stanley Investment Management< /span>

\n

Meeting will recess and reconvene at 8:10 a.m. on Friday\, October 9\, 2026\, in the Kuilima Ballrooms 1 and 2.

\n

&n bsp\;

\n

FRIDAY\, OCTO BER 9\, 2026 \ ;

\n

Meet ing will reconvene at 8:10 a.m. in the Kuilima Ballrooms 1 and 2.

\n

CLOSING
Presenters: Vincent Barfield\, Chair\, Employees&rsquo\; Retirement System Board of Trustees
 \; \; \; \; \; \; \;&nb sp\; \; \; \; \; \; \; \; \; \; Anthony Goo\, Interim Chief Investment Officer\, Employees&rsquo\; Re tirement System

\n

NEW BUSINESS (cont&rsquo\;d)

\n

2. \; \; \; \;&nb sp\; \; Post-ERS Investment Education Summit Debrief Session. \; Discuss Insights\, Improvements\, and Future Events.

\n

ADJOURNMENT

\n

If you require auxiliary aid/service or oth er accommodation due to a disability\, please contact Dale Kehau Kanae a t (808) 586-1706 or dale.kanae@hawaii.gov as soon as possible\, pref erably by Thursday\,
October 1\, 2026\, and the ERS will try to ob tain the auxiliary aid/service or accommodation\, but cannot guarantee t hat the request can be fulfilled.

\n

Upon request\, this notic e can be made available in large print.

\n

 \;

END:VEVENT END:VCALENDAR