City of Columbia, Missouri
Meeting Minutes - Final
Investment Committee
Conference Rooms
1A & 1B
Friday, September 12, 2025
8:30 AM
Quarterly
Columbia City Hall
701 E. Broadway
II. INTRODUCTIONS
Michael Yoakum attended virtually.
Finance staff present: Matthew Lue, Jim McDonald and Abbie Addams
9 -
Present:
Michael Hackmann, Benjamin Frede, Justin Collins, Matthew Lue, Mark Fitzgerald,
Cullen Baxter, Steven Jeffrey, Michael Yoakum and Matthew Nichols
III. APPROVAL OF AGENDA
Mark Fitzgerald made motion, Stephen Jeffrey seconded. Approved
unanimously.
IV. APPROVAL OF MINUTES
December 13, 2024 & June 13, 2025 Draft Minutes
Mark Fitzgerald made motion, Stephen Jeffrey seconded. Approved
unanimously.
V. OLD BUSINESS
None
VI. NEW BUSINESS
Presentation by Ares
Barry Newcomb, Branch Manager at UBS Financial Services delivered the Ares
presentation.
Mark Fitzgerald made motion to add both to City’s portfolio, Stephen Jeffrey
seconded. Approved unanimously.
Mike Savino, Director of Gloval Client Solutions, presented the KKR presentation.
Mark Fitzgerald made motion to add both to City’s portfolio, Stephen Jeffrey
seconded. Approved unanimously.