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Minutes for HB2103 - Committee on Financial Institutions and Pensions

Short Title

Eliminating the statutory 15% alternative investment limit for the KPERS fund and requiring the KPERS board to establish an alternative investment percentage limit.

Minutes Content for Wed, Feb 8, 2023

Chair Hoheisel opened the hearing on HB 2103, recognized David Wiese, Assistant Revisor, Office of Revisor of Statutes, who provided an overview on HB 2103. (Attachment1)  A brief question and answer period followed.

Proponent - Chair Hoheisel recognized Alan D. Conroy, Executive Director, KPERS who provided testimony on behalf of the KPERS Board of Trustees in support of HB 2103. Bill Fink, Chief Investment Officer, KPERS assisted with the KPERS proponent testimony. (Attachment2)  A question and answer period followed.

Neutral - none

Opponents - none

Chair Hoheisel closed the hearing on HB 2103.