BOT 106: Investment Advisory Subcommittee

The Investment Advisory Subcommittee is a subcommittee of the Committee on Budget and Finance. Its role and responsibilities are set forth in the Board’s Investment Policy.

The following stipulations apply to the membership of the committee.

  1. The committee will have four (4) current Trustees as members.
  2. The committee will have five (5) individuals from outside the MSU community as members.
  3. The President, Chief Investment Officer and the Senior Vice President, Chief Financial Officer and Treasurer will be ex officio members of the committee without voting rights.
  4. The Committee on Budget and Finance, in consultation with the President, the Executive Vice President for Administration, the Chief Investment Officer and the Senior Vice President, Chief Financial Officer and Treasurer, will select the outside members of the committee to fill vacancies.
  5. Outside members will serve staggered three--year terms and may be reappointed. 
  6. Outside members shall possess high ethical standards and have wide-ranging institutional investment experience. 
  7. Outside members will be required to comply with Board-approved conflict of interest standards.
  8. Members of the committee are expected to regularly attend committee meetings in person or, when necessary, electronically.

Enacted: 10/21/11

Amended: 12/14/18, 9/10/21

 

Policies