Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 242 ILPA Chair As I reflect on my first full year as Chair of the ILPA, I feel a great deal of pride in all that was accomplished in such a short period of time. At this time last year, we had just embarked upon a new leadership structure as I took the helm of the Board of Directors and Peter Freire began his work as CEO. Despite the signifi- cant transition, we set our 2016 goals high across all areas of the organization. And, thanks to the commitment and efforts of the Board, committees, staff and membership, we proceeded to surpass the ambitious milestones we set for ourselves in nearly every category. This past year was one of profound growth in our membership, our offerings, and our staff. During such times, it is often easy to lose focus amidst the excitement and energy that comes with increased organizational momentum and reduced bandwidth. However, I am proud to share that Peter and his team thrived in this environment, maintaining their high performance culture and making tremendous, positive strides on behalf of our community. Specifically, the ILPA focused on a model of “triple engagement,” ensuring that the organization had a meaningful impact on our community at the individual, institutional and industry levels. • For our individual members, we made certain our educational offerings were designed to inform and enlighten all that LP professionals do in their respective roles at their institutions. With a solid foundation of educational courses consistently selling out, we continued to broaden our offerings to more geographies covering ever-deeper subject matters. • At the institutional level,we fostered a robust community that came together at ILPA events globally to share best practices, set standards, collaborate and benchmark their respective operations to maximize performance on behalf of their beneficiaries. • Lastly, we raised our voice on behalf of our industry to champion strong governance, improved transparency and a better alignment of interests between the LP and GP community. As the global regulatory and legislative landscape becomes more complex, we must recommit to educating those policy makers in a position to impact our ecosystem. Tanya Carmichael Managing Director, Global Funds Ontario Teachers’ Pension Plan MESSAGE FROM THE CHAIR