Wellington Management Company LP

PSERS' overall investment objective is to achieve returns in excess of the proprietary policy index and provide sufficient liquidity to meet the operating needs of the system. The PSERS Board of Trustees is responsible for investing funds of the System in accordance with guidelines and limitations set forth by state law. The Board is responsible for the formulation of investment policy and provides oversight of investment activities through the finance committee that makes recommendations to the Board. Internal and external investment managers act as agents for the System. The investment office implements the investment decisions within stated policy. In accordance with the investment policy established by the Board, PSERS' investment assets are allocated to numerous outside professional investment advisors and internal investment professionals. PSERS' investments include, but are not limited to: US style-oriented large cap equities, US style-oriented small cap equities, US micro cap equities, internally managed indexed equities, US MLPs, commodities/commodity index, non-US equities (small cap and emerging markets), US fixed income (core, high yield, CLOs, US Treasuries, non-US agency RMBS, TIPs), non-US developed markets fixed income, emerging markets fixed income, short-term investments (internally managed, LIBOR Plus, short-duration, non-agency RMBS and ultra short duration high yield), open-end real estate funds, US REITs, non-US REITs, global REITS, closed-end real estate investments, private equity/venture capital and hedge funds.

The College of the Holy Cross (or Holy Cross) is an undergraduate Roman Catholic, Jesuit, liberal arts college located in Worcester, Massachusetts, USA. Founded in 1843, Holy Cross is the oldest Roman Catholic college in New England and one of the oldest in the United States.

Assured Guaranty is the leading provider of financial guaranty insurance. We guarantee scheduled principal and interest payments when due on municipal, public infrastructure and structured financings. For more than a quarter century, in markets around the world, we have been committed to protecting debt holders from payment defaults and to helping issuers obtain cost-efficient access to capital. We also provide reinsurance to the financial guaranty industry. Our value proposition goes beyond our promise to pay principal and interest to investors in guaranteed financings. We also provide credit underwriting, negotiated terms, surveillance and, if necessary, remediation of the bonds we insure. These benefits create greater value and liquidity for investors. Issuers use our financial guarantees to lower their cost of funds, broaden distribution and diversify funding sources. Assured Guaranty Ltd. is a Bermuda-based insurance holding company that trades on the New York Stock Exchange with the ticker symbol AGO. Together with its subsidiaries, we refer to it as Assured Guaranty.