Other Post Employment Benefits Committee Meeting - December 5, 2025

Frederick County Public Schools OPEB Trust Fund Investment Committee · December 5, 2025

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Opening and introductions

Presentation

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Heather Claibol (associate superintendent of fiscal services) opened the meeting and led round‑table introductions of committee members and advisors, including Renee Milburn (fiscal compliance officer), Christian Sevier (Segal Marco advisor), Jamie Brennan (FCPS board member), Ajahnae Maguagua (community representative), Justin Hite (identified himself as president of a local teachers association), Eric Huber Beatt (program administrator, virtual school) and Lynn McKay (executive assistant, recording secretary).

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The Frederick County Public Schools OPEB Trust Fund Investment Committee met to review third-quarter investment performance through Sept. 30, 2025, discuss private credit exposure (Hamilton Lane) and a pacing study recommending further commitments to reach a 7.5% private credit target, and to approve prior meeting minutes.

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Transcript

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