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2017-09-26-RB min
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2017-09-26-RB min
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Minutes - RB - Retirement Board
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Landy Pheloung presented the White Oak quarterly report. He discussed the performance of the portfolio <br /> and its strengths as being one of the largest lenders. Landy also spoke of the company being heavy into <br /> underwriting loans and researching extensively into certain companies to take a risk on if they appear <br /> stable. Overall, the Board would have preferred to hear figures on how our portfolio is doing,rather than <br /> what White Oak is doing as a whole. <br /> Fossil Fuel exposure is holding at 4.0%,with little to no change in the future. <br /> A motion was made, seconded, and unanimously approved to adjourn the meeting at 9:25 AM. <br /> The next Board Meeting will be held on Thursday, October 26"' at Cary Memorial Library. Golub Capital <br /> and Monroe Capital will be present for their annual reviews. <br /> ABSENT <br /> Robert Cunha, Chairman Alan Fields, Appointed Member <br /> Carolyn Kosnoff, Ex Officio Member Joseph Foley, Elected Member <br /> Frederick Weiss, Appointed Member <br />
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