Sheppard, Mullin, Richter & Hampton LLP

CalSTRS is administered by a 12-member Teachers' Retirement Board. The objectives of the firm's investment committee are set forth in the California Constitution and the California Education Code. The Teachers Retirement Fund is a special trust fund established by law that holds the assets of the following programs: Defined Benefit, Defined Benefit Supplement and Cash Balance Benefit. The assets come from contributions by members, employing school districts and the State of California. The funds investments create a stream of income to add to those assets. The CalSTRS portfolio has broadly diversified holdings in seven categories: Global Equity, Fixed Income, Real Estate, Private Equity, Cash, Inflation Sensitive and Overlay. CalSTRS often engages in shareholder activism.

Memorial Health Services, Inc. owns and operates hospitals. It provides a spectrum of medical services such as rehabilitation, diagnostic, radiology, and emergency services. The company was founded in 1907 and is headquartered in Huntingdon Beach, CA.

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