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Toronto Investment Board · 2023-03-09 · 2023.IB2.5

The filed record

Investment Consultant for the Toronto Investment Board - Update

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The decision

2023-03-09 · Toronto Investment Board · amended

As filed

The Toronto Investment Board: 1. Adopted the Investment Consultant Survey, and requested it to be distributed to each member on an annual basis starting in the first quarter of 2024 as described in Attachment 1 to the report (February 22, 2023) from the Director, Capital Markets. 2. Requested the Director, Capital Markets to collect, summarize, and report the results of the survey to the Board in confidence, when the results are received.

On the agenda

As the city filed it

This report summarizes the award process and successful completion of the Request for Proposal for Investment Consultant for the Toronto Investment Board. The name of the successful proponent can now be released as per the Toronto Investment Board's decision at its meeting on December 16, 2022. As a way to assess the Investment Consultant's performance, it is recommended that the Toronto Investment Board adopt the Investment Consultant Survey contained in Attachment 1 of this report.

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Each individual Toronto Investment Board member will be asked to complete the Investment Consultant Survey on an annual and confidential basis. The Investment Consultant Survey will be collected, summarized and reported back to the Toronto Investment Board by the Director, Capital Markets.

Staff recommended

The Director, Capital Markets recommends that: 1. The Toronto Investment Board adopt the Investment Consultant Survey on an annual basis as described in Attachment 1 to this report and request the Director, Capital Markets to collect, summarize, and report the results of the survey to the Board in confidence.

    On the record

    The item as the City filed it

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