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March 25, 2026
State of Michigan Investment Board Meeting
March 25, 2026
Agenda
- 9:30 a.m. Call to Order and Opening Remarks
- 9:35 a.m. Approval of the 12/17/25 SMIB Meeting Minutes
- 9:40 a.m. Executive Summary & Performance for Periods Ending 12/31/25
- 9:50 a.m. Venture Capital Division Update
- 10:00 a.m. Guest Speaker:
- Jim Adox, Executive Managing Director of Venture Investors Health Fund
- 10:30 a.m. Real Estate and Infrastructure Division Update
- 10:35 a.m. Guest Speaker:
- Daryl Carter, Chairman and CEO of Avanath Capital
- Review of Investment Reports
- Real Estate & Infrastructure – Update
- Private Equity – Update
- Real Return & Opportunistic – Receive and File
- Defined Contribution – Receive and File
- Fixed Income – Receive and File
- International Equity – Receive and File
- Domestic Equity – Receive and File
- Absolute Return – Receive and File
- 10:55 a.m. Public Comment
- 11:00 a.m. Closing Remarks ~ Adjournment
2026 Meeting Schedule
- Wednesday, June 24, 2026
- Wednesday, September 23, 2026
- Wednesday, December 16, 2026
All meetings start at 9:30 a.m.