VIII. Endowment Management Briefing:

Investment Officers with Fifth Third Bank attended the meeting to discuss recommendations to change the university's current investment protocol. Fifth Third personnel presented the rationale to change asset inclusions and changes to asset class strategic ranges and percentages. Board members requested a copy of its current investment policy protocol. Mr. Hinfred McDuffie, Executive Vice President, will provide this policy to board members for tomorrow's board meeting.

IX. Board Statutes and Bylaws:

See Section VII above.

  • Closing Remarks: Chair Douglas informed members that tomorrow's Committee meetings and will be held in Salon C of the Marriott Griffin Gate Hotel.
  • Adjournment:

Action: Motion was made to adjourn the Board meeting by Regent Reddy and seconded by Regent Bearden. The motion passed.

The meeting adjourned at 5:09 p.m.

Submitted by:

Lori A. Davis, Secretary General Counsel

General Counsel

Kentucky State University

✓ Approved with no corrections

___ Approved with corrections