Investment Managers

As of December 31, 2007, the General Board has contracted with the following investment managers.

Adams Street Partners, LLC
Chicago, Illinois
DSF - private equity

AMB Capital Partners, LLC
San Francisco, California
DSF - real estate

Baillie Gifford
Edinburgh, Scotland
ISF - international equity

Barclays Global Investors
San Francisco, California
DBF - global fixed income
DSF - domestic equity
ISF - active currenty

BlackRock
New York, NY
IPF - inflation protection fixed income

BNY Mellon
Pittsburgh, Pennsylvania
SVF - domestic fixed income

Brown Capital Management, Inc.
www.browncapital.com
Baltimore, Maryland
DSF - domestic equity

Cabot Properties, Inc.
Boston, Massachusetts
DSF - real estate

Capital Advisors, Inc.
Lancaster, PA
SVF, IPF, DBF - securities lending

Capital Guardian Trust Company
Los Angeles, California
DBF - emerging market debt
DSF - domestic equity
ISF - developed and emerging markets international equity

CB Richard Ellis Investors
Los Angeles, California
DSF - real estate

Cerberus Institutional Real Estate Partners
New York, NY
DSF - real estate

Daruma Asset Management, Inc.
New York, New York
DSF - domestic equity

Disciplined Growth Investors
Minneapolis, Minnesota
DSF - domestic equity

Epoch Investment Partners, Inc
New York, New York
DSF - domestic equity

Equity International
Chicago, Illinois
ISF - real estate

European Investors Inc
New York, New York
ISF - international real estate securities

Fidelity Management Trust Company
Boston, Massachusetts
DSF - domestic equity

Genesis Investment Management, Ltd.
London, England
ISF - emerging markets equity

GKM Newport
Los Angeles, California
DSF - private equity

Gresham Investment Management LLC
New York, NY
IPF - commodities

Hoover Investment Management
San Francisco, California
DSF - domestic equity

Hotchkis and Wiley
Los Angeles, California
DSF - domestic equity

Internal General Board Management
DBF, BVSP, SVF - Loans to support Affordable Housing and Community Development

JP Morgan Asset Management
New York, New York
DSF - private equity

Lehman Brothers Asset Management
www.lincap.com
Chicago, Illinois
DBF, SVF - domestic fixed income
IPF - inflation-protected fixed income

LM Capital, Inc.
San Diego, CA
DBF - domestic fixed income

Miller Howard
Woodstock, NY
DSF - domestic equity

Northern Trust Quantitative Advisers
Chicago, Illinois
DSF - domestic equity
BSVPF - domestic equity

Oaktree Capital Management, LLC
Los Angeles, California
DBF - fixed income

Pacific Investment Management Company (PIMCO)
Newport Beach, California
DBF - fixed income

Prism Capital
Chicago, Illinois
DSF - private equity

Prudential Investment Management Services, LLC
Parsippany, New Jersey
DSF - real estate

Putnam Investments
Boston, Massachusetts
ISF - international equity

RCM Global Investors, LLC
San Francisco, California
DSF - domestic equity, endowment funds

RREEF
Chicago, Illinois
DSF and ISF - real estate securities

Seix Investment Advisors, Inc.
Upper Saddle River, New Jersey
DBF - affordable housing

Sprucegrove Investment Management
Toronto, Ontario, Canada
ISF - international equity

TA Associates Realty
Boston, Massachusetts
DSF - real estate

Transwestern Investment Company
Chicago, IL
DSF - real estate

TriCon Capital Group, Inc.
Toronto, Canada
DSF - real estate

Urban American
West New York, NJ
DSF - real estate

Urdang Capital Management
Plymouth Meeting, Pennsylvania
DSF - real estate

Wachovia Global Securities Lending
Los Angeles, CA
BSVPF, DSF, ISF - securities lending

Wellington Management Company
Boston, Massachusetts
DBF - fixed income
DSF - domestic equity

Zevenbergen Capital Management
Seattle, Washington
DSF - domestic equity