FROM: Debby Cherney, Chief Executive Officer
SUBJECT: Travel Request
RECOMMENDATION:
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Approve the attendance and related expenses of Louis Fiorino to the Invesco Real Estate Global Client Conference in San Diego, CA on November 17-19, 2026.
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BACKGROUND:
Invesco is not one of our pre-authorized education providers, and thus requires advance approval under Education & Training Policy No. 001 Trustees Education/Training Policy.
The estimated cost for attendance is as follows:
Travel: Mileage (210) $153
Lodging: 2 nights ($450/night) $900
Registration: Attendance fee, including meals $2,295*
Other: Tips | Toll Road | Parking $150
Estimated Total: $3,498
*Amounts marked with an asterisk (*) are anticipated to be provided by Invesco and will be considered gifts to SBCERA and therefore reportable on Form 801. All other expenses will be paid directly by SBCERA.
Any additional gifts received by the attendee in connection with the conference are the attendee's responsibility to report on their individual Statement of Economic Interests (Form 700), as applicable.
BUDGET IMPACT:
Costs for this item are included in the current year administrative budget.
STRATEGIC PLANNING GOAL/OBJECTIVE:
Operational Excellence & Efficiency
STAFF CONTACT:
Debby Cherney
ATTACHMENTS:
Exhibit A: Invesco Real Estate Global Client Conference Agenda