Agendas, Meetings and Minutes - Agenda and draft minutes

Agenda and draft minutes

Venue: Great Malvern Room, County Hall, Worcester

Contact: Simon Lewis  Committee Officer

No. Item

Available papers

The members had before them:


A.    The Agenda papers (previously circulated); and


B.    The Minutes of the meetings held on 3 March 2023 (previously circulated).



Apologies/Named Substitutes (Agenda item 1)




Declaration of Interests (Agenda item 2)




Public Participation (Agenda item 3)

Members of the public wishing to take part should notify the Assistant Director for Legal and Governance in writing or by e-mail indicating both the nature and content of their proposed participation no later than 9.00am on the working day before the meeting (in this case 12 June 2023).  Enquiries about this can be made through the telephone number/e-mail address listed in this agenda and on the website.





Confirmation of Minutes (Agenda item 5)

To confirm the Minutes of the meeting held on 2 March 2023 (previously circulated).


RESOLVED that the Minutes of the meeting held on 2 March 2023 be confirmed as correct record and signed by the Chairman.


Exclusion of Public and Press


RESOLVED that pursuant to Section 100A of the Local Government Act 1972, the press and public shall be excluded from the meeting during items 5 – 7 on the grounds that there would be disclosure to them of information relating to the financial or business affairs of any particular person (including the authority holding the information) and the public interest in maintaining the exemption outweighs the public interest in disclosing the information.


Summary of the proceedings of the meeting during which the press and publicwere excluded. (This is a fair summary of the proceedings.)



Pensions Independent Investment Advisor Update (Agenda item 5) pdf icon PDF 75 KB

Additional documents:


The Sub-Committee considered the Pensions Independent Investment Advisor update together with the associated investment performance information.


The Sub-Committee received a presentation from Philip Hebson, Independent Advisor to the Fund.


RESOLVED that the Pensions Independent Investment Advisor’s update attached as an Appendix to the report be noted.


Stonepeak Overview Presentation Performance Update (Agenda item 6) pdf icon PDF 76 KB

Additional documents:


The Sub-Committee considered the Stonepeak Overview Presentation Performance Update.


The Sub-Committee received a presentation from Nick Spencer and Luke Taylor from Stonepeak.


RESOLVED that Stonepeak’s Overview Presentation May 2023 detailing performance of Infrastructure Funds III and IV be noted.


Legal and General Investment Management (LGIM) Funds 2022/23 Annual Review, Environmental, Social and Governance (ESG) Funds and Engagement Activity Update (Agenda item 7) pdf icon PDF 77 KB

Additional documents: