PREA Institutional Investor Council
Committee Members
Adam Gallistel
Chair
GIC Real Estate Inc.
Manuel Casanga
New York State Common Retirement Fund
Mike DiRe
California State Teachers Retirement System
Gerald Fang
Abu Dhabi Investment Authority
Judy McMahan
UPS Investments
Yvonne Nelson
Office of the New York City Comptroller
Michelle Pak
Rockefeller Foundation
Tyler Seaman
Oxford Properties Group
Robert Sessa
Employees Retirement System of Texas
Ezio Sicurella
Ivanhoe Cambridge
Stephen Spook
Florida State Board of Administration
Tim Works
QuadReal Property Group
Purpose
The PREA Institutional Investor Council represents the interests of the global institutional investor constituency of PREA and was established to enhance the communication process and body of knowledge for the global institutional investor constituency.
Membership
Participation in the PREA Institutional Investor Council is open to all global institutional investors, including corporate and public pension funds, endowments, foundations, Taft Harley funds, international pension funds, sovereign wealth funds, and family investment offices that are members of the Pension Real Estate Association (PREA). The Institutional Investor Council consists of twelve investor members that are elected to staggered terms.
Term
- Council Chair will serve a term of two years or more at the Institutional Investor Council’s discretion.
- Members of the Council shall serve a two or three year term and may be re-elected and/or appointed to a second term, total of two terms not to exceed a maximum of six consecutive years. After twelve months from last year of service, an individual may be re-elected to serve on the Council again for a maximum of six consecutive years.
Duties
- The Council will meet three times per year
- Identify issues of importance to global institutional investor constituency and develop a strategic plan
- Take appropriate steps to implement initiatives and institutional investor only activities for PREA
- The Council chairperson or his/her appointee will serve on the PREA Board of Directors in an ex officio capacity
- Council members will actively participate in the PREA Committee structure and any Task Forces to address investor issues
- Other duties and responsibilities shall be determined from time to time by the PREA Institutional Investor Council