Subject: Corrum Update
From: "Joan Peugh" <[email-masked]>
To: "R. Hunter Biden" <[email-masked]>
Cc: "Eric Schwerin" <[email-masked]>
Date: Mon, 19 May 2014 17:31:23 -0400

For your coffee with Allyson tomorrow, here is some background on where we
are with things:

*1. Current DC Trip*
-Monday
Met with *Stuart Potter* (Sr Portfolio Manager, Montgomery County Employees
Retirement System). Corrum said it was a good meeting as he seemed more
receptive than their previous meeting. He also told them that the staff has
a lot of autonomy and are able to make investment decisions without the
Board of Trustees' approval.

They also had a meeting with *John Gibson*, but we have not received any
download from that meeting yet.

-Tuesday:
Before your coffee they will be meeting with *Mike Johnson* (Gallagher;
Chuck Graham's consultant) and *Monte Tarbox* (IBEW)

*2. Eric's Lunch with Allyson and Jay (and Mike & Chuck)*
- Jay asked if there was anything they could be doing better. Eric
discussed how scheduling with labor guys can often be difficult and last
minute so just to be patient.

- Broker- dealer: Eric explained it is a separate business model that
focuses on the high net worth/family office market and for emerging
managers. There could be a possibility to switch their contract to the
broker-dealer. Something to think about.

*3. NYC Comptroller's office-- meeting on Wednesday*

*4. Tommy Gesualdi (Teamster Local 282)*
- Consultant, Mark Lotrogulio, is doing onsite due diligence of their New
York office on Wednesday. They also received an RFP for the investment that
they are submitting.

*5. Walter Cahill*
- Corrum is presenting to Walter's local Board of Trustees at the end of
the month.  Walter is also helping them get in front of Jamie Wood at the
national level.

*6. Steve Cassidy*
- black hole

*7. Hooptee Golf Tournament*
- July 9-11 in Charlotte.  It looks like Maisy has AAU Nationals in TN
starting on the 10th.

Please let me or Eric know if you have any questions or need any additional
information.

-- 
Joan K. Peugh
Rosemont Seneca Partners
o: 202-333-1880
m:202-841-854