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June 24, 2026

State of Michigan Investment Board Meeting

June 24, 2026

Agenda

  1. 9:30 a.m. Call to Order and Opening Remarks
  2. 9:35 a.m. Approval of the 12/17/25 SMIB Meeting Minutes
  3. Approval of the 3/25/26 SMIB Meeting Minutes
  4. 9:40 a.m. Executive Summary & Performance for Periods Ending 3/31/26
  5. 9:45 a.m. Asset Allocation Review
    1. Markets Review and Outlook
  6. 9:50 a.m. Review of Investment Reports
    1. Real Estate & Infrastructure – Update
    2. Private Equity – Receive and File
    3. Real Return & Opportunistic – Receive and File
    4. Defined Contribution – Receive and File
    5. Fixed Income – Receive and File
    6. International Equity – Receive and File
    7. Domestic Equity – Receive and File
    8. Absolute Return – Receive and File
  7. 10:00 a.m. Guest Speaker: Seema Shah, Chief Global Strategist
    1. Principal Asset Management
  8. 10:55 a.m. Public Comment
  9. 11:00 a.m. Closing Remarks ~ Adjournment

2026 Meeting Schedule

  1. Wednesday, September 23, 2026
  2. Wednesday, December 16, 2026

All meetings start at 9:30 a.m.