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 24The ILPA 2016 Annual Report 5 ILPA COMMITTEES Audit and Finance Committee Responsible for overseeing the ILPA’s financial reporting, accounting systems and internal controls. The Committee reports to the Chair and the Board of Directors on major discussions held and decisions made by the Committee. Education Committee Responsible for overseeing the educational programs that the ILPA offers to its members including the development of new programs. Content for educational programs is vetted by the Committee for quality and relevance to the ILPA‘s members. Governance and Compensation Committee Responsible for assisting the Board through its oversight responsibilities for corporate governance, executive compensation, association long-term financing and as a resource to the Chief Executive Officer. ILPA Summit Committee Responsible for ensuring the high quality of the ILPA’s flagship event, including enlisting panel participants, guest speakers, GPs and facilitating networking events. Industry Affairs and Standards Committee Responsible for advising the Board and assisting the ILPA professional staff on ways to strategically promote the ILPA’s reputation as the voice for limited partner investors in private equity globally. The Committee also seeks to maximize the ILPA’s outreach and communications activities as an extension of the education, research and membership platforms. Membership Committee Responsible for strategic initiatives relating to membership recruitment, retention and engagement for the ILPA. The Committee also oversees the admission, engagement, retention, suspension or termination of membership. Nominating Committee Responsible for all aspects of the nomination of new members to the Board of Directors of the ILPA, including process planning, solicitation of members and recommendations of membership to the Board. Research and Benchmarking Committee Responsible for overseeing the research, benchmarking and standards platforms of the ILPA by collecting and analyzing private equity data, sponsoring and accessing research and developing performance measurements and tools to assist ILPA members in their day-to-day activities. The ILPA initiatives are governed by active Committees. Each Committee, except for the Nominating Committee, is chaired by a member of the ILPA Board of Directors, and consists of ILPA staff and members from across the globe.