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21 With an unfaltering commitment to its independent research efforts the RBS Committee is delighted by the results of both the LP Compensation and inaugural Member Metrics surveys. Thank you to the hundreds of survey respondents who help the ILPA continue to provide members with a comprehensive analysis of LPs compensation policies and operating models. Using responses from over 300 individuals the LP Compensation Survey provides a robust analysis of LP compensation trends including a comparison of public pension LPs versus other LP types with the latter group reporting a median base salary that is 12 higher than public pensions. The launch of the Member Metrics Survey has been a success with inaugural results including an analysis of the policies of over 240 LPs along with target allocation policy benchmarks and staffing. Over the next year the RBS Committee remains committed to building on existing research initiatives and expanding its efforts by leveraging the ILPAs industry network and technology platform. This includes new tailored member metrics results for each survey participant survey content that covers LP attitudes on relevant topics and materials that highlight key investment trends within the ILPA Benchmark dataset. Over the next year the RBS Committee remains committed to building on existing research initiatives and expanding its efforts by leveraging the ILPAs industry network and technology platform. 2015