BEGIN:VCALENDAR PRODID:-//Hawaii Public Meetings and Events Calendar//111285837//EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT DTSTAMP:20261115T231113Z DTSTART:20261009T081000 DTEND:20261010T000000 SUMMARY:Special Meeting of the Board of Trustees of the Employees' Retire ment System of the State of Hawaii UID:20261115T231113Z-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:&nb sp\;  \;  \;  \;  \; Board of Trustees of the Emp loyees&rsquo\; Retirement System of the State of Hawaii

\n

< span style="font-size: 11.0pt\;">PLACE: \;  \;  \; &nb sp\;  \;  \;  \;The Ritz-Carlton Oahu\, Turtle Bay\, 57-091 Kamehameha Highway\, Kahuku\, Hawaii \; 96731

\n

DATES: \;   \;  \;  \;  \;  \;  \;Tuesday\, October 6\, 2 026\, 5:30 p.m. (Oahu Conference Room)\;
 \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; \; \; \; \;&nbs p\; \; \; \; \; \; Wednesday\, October 7\, 20 26\, 8:00 a.m. (Oahu Conference Room)\;
 \; \; \; \; \; \; \;&nb sp\; \; \; \; \; \; \; \; \; \;  \; \; \; \; \; \; Thursday\, October 8\, 2026 \, 8:00 a.m. (Kuilima Ballrooms 1 and 2)\;
 \; \; \; \; \; \; \;  \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; Friday\, October 9\, 202 6\, 8:10 a.m. (Kuilima Ballrooms 1 and 2)

\n

AGENDA

\n

The order in which items o n the agenda are considered may change at the discretion of the Chair.M eeting will begin at 5:30 p.m. on Tuesday\, October 6\, 2026\, in the Oa hu Conference Room.  \;

\n

TUES DAY\, OCTOBER 6\, 2026

\n

QUORUM/CALL TO O RDER
Vincent Barfield \, Chair\, Employees&rsquo\; Retirement System Board of Trustees< span style="font-size: 10.0pt\;"> \;

\n

PUBLIC COMMENT
Members of the public may submit written testi mony on these agenda items via e-mail or postal mail with receipt recomm ended by 4:30 p.m. on Monday\, October 5\, 2026\, in order to ensure it is distributed in time for consideration. \; Please add ress written testimony if by e-mail to: \; dale.kanae@hawaii.gov or by post al mail to: \; Employees&rsquo\; Retirement System of t he State of Hawaii\, Board of Trustees\, 201 Merchant Street\, Suite 140 0\, 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 will reces s and reconvene at 8:00 a.m. on Wednesday\, October 7\, 2026\, in the Oa hu Conference Room.

\n

 \;\n

WEDNESDA Y\, OCTOBER 7\, 2026 \;

\n

< span>Meeting will reconven e at 8:00 a.m. in the Oahu Conference Room.< /span>

\n

RECONVEN E

\n

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

\n

EXECUTIVE SESSION
The follow ing matters will be considered in Executive Session\, pursuant to HRS &s ect\;88-27.5(a)(1) and (3) and HRS §\;92-5(a)(4)\, as the Board anti cipates conducting discussions and/or deliberations relating to\, or to make a decision upon\, investments or prospective investments by the sys tem that require the consideration of information or records that are ex empt from disclosure under HRS §\;92F\, including without limitation information and records that are proprietary information or confidentia l business information\, and deliberations concerning the authority of p ersons designated by the Board to negotiate investments or the sale of p roperty held by or for the benefit of the system\; and to discuss and re view Leadership Succession Plans of the ERS. \; The Boa rd may also consult with the Board&rsquo\;s attorneys on questions and i ssues pertaining to the Board&rsquo\;s powers\, duties\, privileges\, im munities\, and liabilities with respect to these matters.< /p>\n

1. \; \; \; \; \; \; Total Fund Strat egic Update.

\n

2. \; \;& nbsp\; \; \; \; Asset Liability Study.

\n

3. \; \; \; \; \; \; Total Fund Liquidity and Risk Update.

\n

4. \; \; \; \;&n bsp\; \; Oper ational Risk Introduction.

\n

5.& nbsp\; \; \; \; \; \; Liquid Markets.

\n

a. \; \; \; \;&n bsp\; \; Dive rsifying Strategies Strategic Update.
b. \; \; \; \; \; \; < span style="font-size: 11.0pt\;">Public Equity Update.

\n

6. \; \; \; \; \; \; Private Markets.

\n

a.& nbsp\; \; \; \; \; \; Global Credit Strategic Plan.
b. \; \; \; \; \; \; Real Assets Strategic Plan.
c . \; \; \;&nbs p\; \; \; Private Equity Strategic Plan.
d. \; \; \; \; \; \; HiTIP Strategic Update.

\n

7. \; \; \; \; \; \; Approval of Global Cred it Strategic Plan\, Real Assets Strategic Plan\, and Private Equity Stra tegic Plan.

\n

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

\n

9. \; \; \; \;  \; \; Executi ve Session\, pursuant to HRS §\;92-5(a)(4)\, to Discuss and Review L eadership Succession 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

&nbs p\;

\n

THURSDAY\ , OCTOBER 8\, 2025

\n

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

\n

RECONVENE

\n

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

\n

WELCOME ADDRESS
Vincent Barfield \, Chair\, Employees&rsquo\; Retirement System Board of Trustees< /span>

\n

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

\n

MASTERCLASS ON INVESTMENT LEADERSHIP
Moderator: Vincent Barfi eld\, Chair\, Employees&rsquo\; Retirement System Board of Trustees
Panelist:&n bsp\; \; \; \; Rob Kaplan\, Vice Chairman\, Goldman S achs

\n

KE YNOTE: \; U.S. PUBLIC POLICY &\; POLITICAL MARKET IN SIGHTS
Pr esenter: \; \; Emmit Kane\, Trustee\, Employees&rsq uo\; Retirement System Board of Trustees
Speaker: \; \; \; \; < /span>Gene Sperling\, Consultant to PIMCO

\n

MACROECONOMIC TRENDS
 Moderator: Lynn Kamimoto\ , Investment Officer - Risk\, Employees&rsquo\; Retirement System
< /span>Panelist:&nbs p\; \; \; \; Torsten Slok\, Partner and Chief Economi st\, Apollo Global Management \;

\n

INVESTING IN ARTIFICIAL INTELLIGENCE
< span>Moderator: \; Aaron Au\, Inve stment Officer &ndash\; Private Equity/Venture Capital\, Employees&rsquo \; Retirement System
Panelist: \;  \;  \;  \;Anita Sands \, Vice Chair &\; Head of Growth\, General Catalyst

\n

THE VALUE OF OPERATIONAL DUE DILIGENCE
Moderator: Jennifer Kimura\, Investment Officer &ndash\; Op erations\, Employees&rsquo\; Retirement System
 Panelist: \; \; \;&n bsp\; Michael Merrigan\, Founder\, Shadmoor Advisors

\n

DIVERSIFYING STRATE GIES: \; BUILT TO PERFORM WHEN MARKETS DON&rsquo\;T
Moder ator: Andrew Chen\, Investment Officer &ndash\; Global Credit/Diversifyi ng\, Employees&rsquo\; Retirement System
 \; \; \; \; \;&nb sp\; \; \; \; \; \; \; \; \; \;  \; \; Roman Mahi\, Investment Specialist &ndash\; Global Cred it/Diversifying\, Employees&rsquo\; Retirement System
Panelists: \; \;& nbsp\; Neale Jackson\, Portfolio Manager\, 36 South Advisors
 \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; \; \; \; \; \; Faisal Javaid\, Head of Exte rnal Alpha Investment Risk\, Solutions\, Man Group
 \; \; \; \;  \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; Lisa Martin\, Director of Business Developmen t\, Crabel Capital Management
 \; \; \; \; \; \; \;  \; \; \; \; \; \; \; \; \; \; < /span>Chris Santore\, Executive Vice President\, Quantitative Strategies \, PIMCO

\n

HAWAII TARGETED INVESTMENTS
Moderator: Andrew Betz\, Partner\, Stafford Capital Partners
Panelists: \; \; \; Dawn Harflinger\, Found er\, Hawaii Permanent Fund\, Opihi Capital
 \; \; \; \; \;& nbsp\; \; \; \; \; \; \; \; \; \;&nb sp\; \; Scott Trebilco\, Senior Managing Director\, Blackston e &ndash\; Real Estate

\n

PRIVATE MARKETS OUTLOOK
Moderator: Ian Wetzel\, Investment Officer &ndash\; Real Assets\, Employees&rsquo\; Retirement System
Panelists:& nbsp\; \; \; Ilene Levinson\, Managing Director\, Hamilto n Lane
  \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; \; Sasha Talcott\, M anaging Director\, KKR Client Solutions
 \; \; \; \; \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; \; Steve Turner\, Managing Director\, Morgan Stanley Invest ment Management

\n

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

\n

 \;

\n

FR IDAY\, OCTOBER 9\, 2026 \;

\n

Meeting will reconvene at 8:10 a.m. in the Kuilima Ballrooms 1 and 2.< /span>

\n

RECONV ENE

\n

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

\n

KEYNOTE ADDRESS:&n bsp\; EMPATHIC LEADERSHIP VALUE CREATION
< span style="font-size: 11.0pt\;">Presenter: \; \; A manda Lowrey\, Trustee\, Employees&rsquo\; Retirement System Board of Tr ustees
Speaker:  \; \; \; \; Amy Lesch\, Partner\, Head of Global Prod uct Strategy\, KKR Client Solutions

\n

PUBLIC PENSION CIO PANEL: \; LESSONS LE ARNED
Moderator: Antho ny Goo\, Interim Chief Investment Officer\, Employees&rsquo\; Retirement System
Panelists:&n bsp\; \; \; Jason Malinowski\, CIO\, Seattle City Employe es&rsquo\; Retirement System
 \; \; \; \; \; \; \; \; \;  \; \; \; \; \; \; \; \; Steven M eier\, Vice Chair of Neuberger Berman\; former CIO\, New York City Burea u of Asset Management
 \; \; \; \; \; \; \; \; \; \;  \; \; \; \; \; \; \; Alison Romano\, CEO &\; CIO\, San Francisco Employees&rsquo\; Retirement System

\n

A CONVERSATION WITH THE TITANS OF PRIVATE CREDIT
Moderator: Darlene Blakeney\, Trustee\, Employees&rsquo\; Retirement System Board of Trustees
P anelists: \; \; \; Glen August\, CEO\, Oak Hill Advisors
 \; &n bsp\;  \;  \;  \;  \;  \;  \;  \; How ard Marks\, Co-Chair\, Oaktree Capital Management \;

\n

CLOSING
Present ers: Vincent Barfield\, Chair\, Employees&rsquo\; Retirement System Boar d of Trustees
 \ ; \; \; \; \; \; \; \; \; \; \;& nbsp\; \; \; \; \; \; Anthony Goo\, Interim C hief Investment Officer\, Employees&rsquo\; Retirement System

\n

NEW BUSINESS (cont&rsquo\;d)

\n

2. \; \; \; \; \;&nb sp\; Post-ERS Inv estment Education Summit Debrief Session. \; Discuss In sights\, Improvements\, and Future Events.

\n

ADJOURNMENT

\n

If you require auxil iary aid/service or other accommodation due to a disability\, please con tact Dale Kehau Kanae at (808) 586-1706 or dale.kanae@hawa ii.gov as soon as possible\, preferably by Thursday\,
October 1\, 2026\, and the ERS will try to obtain the auxiliary aid/service or accommodation\, but cannot guarantee that the request can be fulfilled.

\n< p style="padding-left: 40px\;">Upon re quest\, this notice can be made available in large print.

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

NOTICE OF SPECIAL MEETING \;

\n

AGENCY: \;  \;  \;  \;  \; Board of Tr ustees of the Employees&rsquo\; Retirement System of the State of Hawaii

\n

PLACE: \; &n bsp\;  \;  \;  \;  \;  \;The Ritz-Carlton Oah u\, Turtle Bay\, 57-091 Kamehameha Highway\, Kahuku\, Hawaii \ ; 96731

\n

DATES: \;  \;  \;  \;  \;  \;  \;Tuesda y\, October 6\, 2026\, 5:30 p.m. (Oahu Conference Room)\;
 \; \; \; \; \ ; \; \; \; \; \; \; \; \; \; \;& nbsp\; \; \; \; \; \; \; \; Wednesday \, October 7\, 2026\, 8:00 a.m. (Oahu Conference Room)\;
 \; \; \; \; \;  \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; \; \; Thursday\, October 8\, 2026\, 8:00 a.m. (Kuilima Ballrooms 1 and 2)\;
 \; \; \; \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; \; \; \; \; \; \; \; \; Friday\ , October 9\, 2026\, 8:10 a.m. (Kuilima Ballrooms 1 and 2)

\n< h2 style="text-align: center\;">AGENDA \n

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

\n

TUESDAY\, OCTOBER 6\, 2026

\n

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

\n

PUBLIC COMMENT
Members of the public may sub mit written testimony on these agenda items via e-mail or postal mail wi th receipt recommended by 4:30 p.m. on Monday\, October 5\, 2026\, in or der to ensure it is distributed in time for consideration. \; Please address written testimony if by e-mail to: \; < span>dale.kanae@hawaii.gov or by postal mail to: \; Employees&rsquo\; Retir ement System of the State of Hawaii\, Board of Trustees\, 201 Merchant S treet\, Suite 1400\, Honolulu\, HI \; 96813.  \; Members of the public may also attend the meeting and provide testimony in person.

NEW BUSINESS

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

\n

M eeting will recess and reconvene at 8:00 a.m. on Wednesday\, October 7\, 2026\, in the Oahu Conference Room.< /p>\n

 \;

\n

WEDNESDAY\, OCTOBER 7\, 2026< span> \;

\n

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

\n

RECONVENE

\n

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

\n

EXECUTIVE SESSION
The following matters will be considered in Executive Session\, p ursuant to HRS §\;88-27.5(a)(1) and (3) and HRS §\;92-5(a)(4)\, as the Board anticipates conducting discussions and/or deliberations rel ating to\, or to make a decision upon\, investments or prospective inves tments by the system that require the consideration of information or re cords that are exempt from disclosure under HRS §\;92F\, including w ithout limitation information and records that are proprietary informati on or confidential business information\, and deliberations concerning t he authority of persons designated by the Board to negotiate investments 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 the Board&rsquo\;s attorneys o n questions and issues pertaining to the Board&rsquo\;s powers\, duties\ , privileges\, immunities\, and liabilities with respect to these matter s.

\n

1 . \; \; \;&nbs p\; \; \; Total Fund Strategic Update.

\n

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

\n

3. \; \; \; \; \; \; Total Fund Liquidity an d Risk Update.

\n

4. \; \ ; \; \; \; \; Operational Risk Introduction.

\n

5. \; \; \; \; \; \; Liquid Markets.< /p>\n

a. \; \ ; \; \; \; \; Diversifying Strategies Strategic Update.
b. \; \; \; \; \; \; Public Equity Update.< /span>

\n

6. \; \; \; \;  \; \; Pr ivate Markets.

\n

a. \; \; \; \; \; \; Global Credit Strategic Plan.< br />b. \; \; \; \;&nb sp\; \; Real Assets Strategic Plan.
c. \;& nbsp\; \; \; \; \; Private Equity Strategic Plan.
d. \; \; \; \; \; \; HiTIP Strategic Update.

\n

7. \; \; \; \;&nbs p\; \; Approv al of Global Credit Strategic Plan\, Real Assets Strategic Plan\, and Pr ivate Equity Strategic Plan.

\n

8. \; \; \; \; \; \; BlackRock Alpha Tilt Portfolio Strategy and P erformance.

\n

9. \; \;&n bsp\; \; \; \; Executive Session\, pursuant to HRS §\;92-5(a)(4)\, to Dis cuss and Review Leadership Succession Plans of the Employees&rsquo\; Ret irement System.

\n

Meeting will recess and reconvene at 8:00 a.m. on Thur sday\, October 8\, 2026\, in the Kuilima Ballrooms 1 and 2.< /strong> \;

\n

 \;

\n

THURSDAY\, OCTOBER 8\, 2025

\n

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

\n< p>RECONVENE

\n

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

\n

WELCOM E ADDRESS
Vincent Barfield\, Chair\, Employees&rsquo\; Retirement System Board of Trustees

\n

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

\n

MASTERCLASS ON INVESTMENT LEADERSHI P
Moderat or: Vincent Barfield\, Chair\, Employees&rsquo\; Retirement System Board of Trustees
 Panelist: \; \; \; \; Rob Kaplan\, Vice Cha irman\, Goldman Sachs

\n

KEYNOTE: \; U.S. PUBLIC POLICY &\; PO LITICAL MARKET INSIGHTS
Presenter: \; \; Emmit Kane\, Truste e\, Employees&rsquo\; Retirement System Board of Trustees
Speaker: \; \ ; \; \; Gene Sperling\, Consultant to PIMCO

\n

MACROECONOMIC TRENDS
Moderato r: Lynn Kamimoto\, Investment Officer - Risk\, Employees&rsquo\; Retirem ent System
Pa nelist: \; \; \; \; Torsten Slok\, Partner and Chief Economist\, Apollo Global Management \;

\n

INVESTING IN ARTIFICIAL INTELLIGENCE
Moderator: \ ; Aaron Au\, Investment Officer &ndash\; Private Equity/Venture Capital\ , Employees&rsquo\; Retirement System
Panelist: \;  \;  \;  \;< /span>Anita Sands\, Vice Chair &\; Head of Growth\, General Catalyst< /span>

\n

THE VAL UE OF OPERATIONAL DUE DILIGENCE
Moderator: Jennifer Kimura\, Investment Of ficer &ndash\; Operations\, Employees&rsquo\; Retirement System
Panelist: \ ; \; \; \; Michael Merrigan\, Founder\, Shadmoor Advi sors

\n

DI VERSIFYING STRATEGIES: \; BUILT TO PERFORM WHEN MARKETS DON&rsquo\;T
Moderator: Andrew Chen\, Investment Officer &ndash\; Global Credit/Diversifying\, Employees&rsquo\; Retirement System
 \; \; \;  \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; Roman Mahi\, Investment Specialist &nd ash\; Global Credit/Diversifying\, Employees&rsquo\; Retirement SystemPanelists: \; \; \; Neale Jackson\, Portfolio Manager\, 36 So uth Advisors
  \; \; \; \; \; \; \; \; \;&nb sp\; \; \; \; \; \; \; \; Faisal Java id\, Head of External Alpha Investment Risk\, Solutions\, Man Group
 \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; \; \; \; \; \; Lisa Martin\, Director of Bu siness Development\, Crabel Capital Management
  \; \; \; \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; \; \; Chris Santore\, Executive Vice President\, Quanti tative Strategies\, PIMCO

\n

HAWAII TARGETED INVESTMENTS
Moderator: Andrew Betz\, Pa rtner\, Stafford Capital Partners
Panelists: \; \; \; Dawn H arflinger\, Founder\, Hawaii Permanent Fund\, Opihi Capital
  \; \;  \; \; \; \; \; \; \; \; \; \; \;  \; \; \; \; Scott Trebilco\, Senior Managing Dir ector\, Blackstone &ndash\; Real Estate

\n

< span style="font-size: 11.0pt\;">PRIVATE MARKETS OUTLOOK
Moderator: Ian We tzel\, Investment Officer &ndash\; Real Assets\, Employees&rsquo\; Retir ement System
 Panelists: \; \; \; Ilene Levinson\, Managing D irector\, Hamilton Lane
 \; \; \; \; \; \; \; \ ; \; \; \; \; \; \; \; \; \; Sasha Talcott\, Managing Director\, KKR Client Solutions
 \; \; \;& nbsp\; \; \; \; \; \; \; \; \; \;&nb sp\; \; \; \; Steve Turner\, Managing Director\, Morg an Stanley Investment Management

\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

FRIDAY\, OCTOBER 9\, 2026 \;

\n

Meeting will reconvene at 8:10 a.m. in the Kuilima Ba llrooms 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 S ystem Board of Trustees
Sp eaker: \; \; \; \; Amy Lesch\, Partner\, He ad of Global Product Strategy\, KKR Client Solutions

\n

< span style="font-size: 11.0pt\;">PUBLIC PENSION CIO PANEL: \; LESSONS LEARNED
Moderator: Anthony Goo\, Interim Chief Investment Officer\, Employees&r squo\; Retirement System
P anelists: \; \; \; Jason Malinowski\, CIO\, Sea ttle City Employees&rsquo\; Retirement System
 \; \; \; \; \; \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; Steven Meier\, Vice Chair of Neuberger Berman\; former CIO\, Ne w York City Bureau of Asset Management
 \; \; \; \; \; \; \;&nbs p\; \; \; \; \; \; \; \; \; \; Alison Romano\, CEO &\; CIO\, San Francisco Employees&rsquo\; Retir ement System

\n

A CONVE RSATION WITH THE TITANS OF PRIVATE CREDIT
Moderator: Darlene Blakeney\, Trustee\, Employees&rs quo\; Retirement System Board of Trustees
Panelists: \; \; \; Glen August \, CEO\, Oak Hill Advisors
 \;  \;  \;  \;  \;  \;  \;  \; & nbsp\; Howard Marks\, Co-Chair\, Oaktree Capital Management \;

\n

CLOSING
Presenters: Vincent Barfield\, Chair\, Employees&rsquo\; Retir ement System Board of Trustees
 \; \; \; \; \; \; \; \;  \; \; \; \; \; \; \; \; \; Anthon y Goo\, Interim Chief Investment Officer\, Employees&rsquo\; Retirement System

\n

NEW BUSINESS (cont&rsquo\;d)

\n

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

\n

ADJOURNMENT

\n

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

\n

Upon request\, this notice can be made available in large prin t.

END:VEVENT END:VCALENDAR