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Date: Wed, 27 Nov 2024 10:03:42 -0500
From: Melissa Smith <msmith@iglobalforum.com>
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To: andrew@sterlingcal.com
Message-ID: <1732719822378.bc6bf843-129c-43ba-a3f7-4ac813ff133f@bf02x.hubspotemail.net>
Subject: LACERA's Approach to Strategic Asset Allocation: Insights by Mike
 Gatto
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Discover how LACERA approaches investment opportunities in this video serie=
s

Mike LACERA Interview (https://cHycy04.na1.hubspotlinks.com/Ctc/I5+113/cHyc=
y04/VWQxPH2sll_yW6RfTKq7jNC5fW2jjqKJ5nW8zYN1xVm-23pyd0W8wLKSR6lZ3pgW9fl0P73=
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QW2_ym3j3g33_VW4wWsQb82d0CqW756hbp2y4QmNW6cmpGl8LPs30f8xMzwq04 )

In this video, Mike Gatto, a Member of the Board of Investments for LACERA,=
 shares insights into the critical role LACERA plays in safeguarding the re=
tirement funds of county employees, from district attorneys to sheriff depu=
ties.

Watch now to explore the fascinating world of public pension investments an=
d learn how LACERA is committed to providing excellent returns for its memb=
ers, ensuring they can rest easy at night.

Topics Covered:

-

Overview of LACERA and its mission

-

Investment principles: minimizing risk and maximizing returns

-

The role of real estate in the pension plan

-

Strategic asset allocation and market dynamics

-

Insights into emerging investment opportunities

Watch the full video for Mike's Insights
(https://cHycy04.na1.hubspotlinks.com/Ctc/I5+113/cHycy04/VWQxPH2sll_yW6RfTK=
q7jNC5fW2jjqKJ5nW8zYN1xVmYz5n4LbW5BWr2F6lZ3lXW57P2v9985kl4W1ndGbS5znrVVW80t=
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5QK30xGXDVx3Sk98cPkCcW5Gsw7B2wwxfxf8zG7-H04 )

Ever wondered how pensions work and what it takes to manage billions in ass=
ets? Check out this video with Mike Gatto from LACERA and Robin Ziegler of =
Mural Real Estate Partners, and delve into the intricacies of real estate i=
nvestments, pension fund management, and the evolving landscape of ESG cons=
iderations.

In this conversation they discuss LACERA's investment strategies and risk m=
itigation, the importance of uncorrelated assets in today's market and much=
, much more.

Uncover how LACERA is setting new benchmarks
(https://cHycy04.na1.hubspotlinks.com/Ctc/I5+113/cHycy04/VWQxPH2sll_yW6RfTK=
q7jNC5fW2jjqKJ5nW8zYN1xVmYz5n4LbW5BWr2F6lZ3msW87s7S-6ggPgXW5ksvmh3QcW8sW11h=
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P05vmV4XW7gcv4083S9rkW85lGkZ7_NJdSf33LSM404 )

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      <table align=3D"center" style=3D"width:600px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation" width=3D"600" bgcolor=3D"#ffffff">
      <tr style=3D"background-color:#ffffff;">
    <![endif]-->
    <!--[if (mso)|(IE)]>
  <td valign=3D"top" style=3D"width:600px;">
<![endif]-->
<!--[if gte mso 9]>
  <table role=3D"presentation" width=3D"600" cellpadding=3D"0" cellspacing=
=3D"0" style=3D"width:600px">
<![endif]-->
<div id=3D"column-2-0" class=3D"hse-column hse-size-12">
  <div id=3D"hs_cos_wrapper_module_17279335153521" class=3D"hs_cos_wrapper =
hs_cos_wrapper_widget hs_cos_wrapper_type_module" style=3D"color: inherit; =
font-size: inherit; line-height: inherit;" data-hs-cos-general-type=3D"widg=
et" data-hs-cos-type=3D"module"><table class=3D"hse-image-wrapper" role=3D"=
presentation" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0">
    <tbody>
      <tr>
        <td align=3D"center" valign=3D"top" style=3D"font-family:Arial, san=
s-serif; color:#23496d; word-break:break-word; text-align:center; padding:0=
px; font-size:0px">
          <a href=3D"https://cHycy04.na1.hubspotlinks.com/Ctc/I5+113/cHycy0=
4/VWQxPH2sll_yW6RfTKq7jNC5fW2jjqKJ5nW8zYN1xVm-23qn9gW8wLKSR6lZ3ksW3cRBSG29-=
gbMVLyG072vDGyfW83myb18ZxbblW7x64s21gx0dgW8D3Qc76hd8rlW6v5zcQ135qXLW26fXMx3=
1BGTpW8mM-cG3CT-x1W8BkpdD1_gnZcVjynN_8Nr96DW44pyPq26r_g8W8Bf9sw5xPz-0W95lBt=
t4bcBBlN8d6jxVZrlDnW5jP35q1c57MJW6rFvXW6r__PBW4vTCvQ3nL2FNW4l9lf-8tbBSjW2RW=
LvV2H9nJDVQVlf17WhnsCW23gXsY4vsfVJW7_8nvN1ztfZ7W62S-nx5xrCX3W2LrqHq6K7qPZW5=
G_9fZ95bPZ2W5QQD2g1BcHVtW85TKsQ4lyH3KW7djjNq2p_PSHf6W8zLg04" target=3D"_bla=
nk" style=3D"color:#00a4bd" data-hs-link-id=3D"0">
            <img alt=3D"Mike LACERA Interview" src=3D"https://5753891.fs1.h=
ubspotusercontent-na1.net/hub/5753891/hubfs/custom-video-thumbnails/Mike%20=
LACERA%20Interview-thumb-4.jpeg?t=3D1732687563824&amp;width=3D600&amp;compo=
seType=3Dplay_button&amp;overlayColor=3D%232f4254&amp;overlayScale=3D0.3&am=
p;name=3DMike%20LACERA%20Interview-thumb-4.jpeg" style=3D"outline:none; tex=
t-decoration:none; border:none; max-width:100%; font-size:16px" width=3D"60=
0" align=3D"middle" class=3D"stretch-on-mobile">
          </a>
        </td>
      </tr>
    </tbody>
  </table></div>
<table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D"1=
00%"><tbody><tr><td class=3D"hs_padded" style=3D"font-family:Arial, sans-se=
rif; font-size:15px; color:#23496d; word-break:break-word; padding:10px 20p=
x"><div id=3D"hs_cos_wrapper_module-2-0-0" class=3D"hs_cos_wrapper hs_cos_w=
rapper_widget hs_cos_wrapper_type_module" style=3D"color: inherit; font-siz=
e: inherit; line-height: inherit;" data-hs-cos-general-type=3D"widget" data=
-hs-cos-type=3D"module"><div id=3D"hs_cos_wrapper_module-2-0-0_" class=3D"h=
s_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_rich_text" style=3D=
"color: inherit; font-size: inherit; line-height: inherit;" data-hs-cos-gen=
eral-type=3D"widget" data-hs-cos-type=3D"rich_text"><p style=3D"mso-line-he=
ight-rule:exactly; line-height:175%">In this video, <span style=3D"font-wei=
ght: bold;">Mike Gatto</span>, a Member of the Board of Investments for <sp=
an style=3D"font-weight: bold;">LACERA</span>, shares insights into the cri=
tical role LACERA plays in safeguarding the retirement funds of county empl=
oyees, from district attorneys to sheriff deputies.</p>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">&nbsp;</p>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">Watch now to ex=
plore the fascinating world of public pension investments and learn how LAC=
ERA is committed to providing excellent returns for its members, ensuring t=
hey can rest easy at night.&nbsp;</p>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">&nbsp;</p>
<p style=3D"mso-line-height-rule:exactly; line-height:175%"><strong>Topics =
Covered:</strong></p>
<ul style=3D"mso-line-height-rule:exactly; line-height:175%">
<li>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">Overview of LAC=
ERA and its mission</p>
</li>
<li>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">Investment prin=
ciples: minimizing risk and maximizing returns</p>
</li>
<li>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">The role of rea=
l estate in the pension plan</p>
</li>
<li>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">Strategic asset=
 allocation and market dynamics</p>
</li>
<li>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">Insights into e=
merging investment opportunities</p>
</li>
</ul></div></div></td></tr></tbody></table>
<table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D"1=
00%"><tbody><tr><td class=3D"hs_padded" style=3D"font-family:Arial, sans-se=
rif; font-size:15px; color:#23496d; word-break:break-word; padding:10px 20p=
x"><div id=3D"hs_cos_wrapper_module_17243447461871" class=3D"hs_cos_wrapper=
 hs_cos_wrapper_widget hs_cos_wrapper_type_module" style=3D"color: inherit;=
 font-size: inherit; line-height: inherit;" data-hs-cos-general-type=3D"wid=
get" data-hs-cos-type=3D"module"><table align=3D"center" border=3D"0" cellp=
adding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"border-collap=
se:separate!important">
    <tbody><tr><td align=3D"center" valign=3D"middle" bgcolor=3D"#E69138" s=
tyle=3D"font-family:Arial, sans-serif; font-size:15px; color:#23496d; word-=
break:break-word; border-radius:8px; cursor:auto; background-color:#E69138;=
 mso-padding-alt:12px 18px"><a href=3D"https://cHycy04.na1.hubspotlinks.com=
/Ctc/I5+113/cHycy04/VWQxPH2sll_yW6RfTKq7jNC5fW2jjqKJ5nW8zYN1xVmYz5nXHsW5BWr=
2F6lZ3llW7vd0t23VX-7_W3FhFf-7Qw5HDN8d6-zJ6G0cxW4gJ4xF3wG1cRW53gn6W7kV327W3t=
lc_b48xvcPW87dwHv6FlHYfN47dJyxxwkPsN1SKNzj4w57nW1HLwgG2m0hcfW2FbjV58MSFndW5=
QwGBD7pvqhTN1Fr5z7GqRZmVQfS3B8lc2npW4HFZwh44yQhvW8_8pY06x2DXKV-cdsp1vQkbSW5=
CGhVC77R5LmW128vqC7gLZ_XW7z4bZx1v1R2-W8rfhpF1DnbG4W3HvBWQ5wDRsYW5Q6_cz1Zdpg=
5W4bJDL22NhnZ3W8SS9T714F5FyW6KKc471qD4QHN9dG0wTswskgW4yLYNx44rwlRW4yD4ps3_w=
djBN1f94cVqhhtYW3LX9GM6LTkWrD-WRBs9q45W5mL3K638YTTxW8TbN768-xR3bf4zCP5P04" =
target=3D"_blank" style=3D"color:#00a4bd; font-size:16px; font-family:Arial=
, sans-serif; Margin:0; text-transform:none; text-decoration:none; padding:=
12px 18px; display:block" data-hs-link-id=3D"0">
          <strong style=3D"color:#ffffff;font-weight:bold;text-decoration:n=
one;font-style:normal;">Watch the full video for Mike's Insights</strong>
        </a>
      </td>
    </tr>
  </tbody></table></div></td></tr></tbody></table>
</div>
<!--[if gte mso 9]></table><![endif]-->
<!--[if (mso)|(IE)]></td><![endif]-->
    <!--[if (mso)|(IE)]></tr></table><![endif]-->
    </div>
  =20
  </div>
  <div id=3D"section-5" class=3D"hse-section" style=3D"padding-left:10px; p=
adding-right:10px">
   =20
   =20
    <!--[if !((mso)|(IE))]><!-- -->
      <div class=3D"hse-column-container" style=3D"min-width:280px; max-wid=
th:600px; Margin-left:auto; Margin-right:auto; background-color:#ffffff" bg=
color=3D"#ffffff">
    <!--<![endif]-->
   =20
    <!--[if (mso)|(IE)]>
      <div class=3D"hse-column-container" style=3D"min-width:280px;max-widt=
h:600px;width:100%;Margin-left:auto;Margin-right:auto;">
      <table align=3D"center" style=3D"width:600px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation" width=3D"600" bgcolor=3D"#ffffff">
      <tr style=3D"background-color:#ffffff;">
    <![endif]-->
    <!--[if (mso)|(IE)]>
  <td valign=3D"top" style=3D"width:600px;">
<![endif]-->
<!--[if gte mso 9]>
  <table role=3D"presentation" width=3D"600" cellpadding=3D"0" cellspacing=
=3D"0" style=3D"width:600px">
<![endif]-->
<div id=3D"column-5-0" class=3D"hse-column hse-size-12">
  <div id=3D"hs_cos_wrapper_module-5-0-0" class=3D"hs_cos_wrapper hs_cos_wr=
apper_widget hs_cos_wrapper_type_module" style=3D"color: inherit; font-size=
: inherit; line-height: inherit;" data-hs-cos-general-type=3D"widget" data-=
hs-cos-type=3D"module"><table role=3D"none" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" style=3D"vertical-align:top" width=3D"100%">
  <tbody><tr>
    <td align=3D"center" style=3D"font-family:Arial, sans-serif; color:#234=
96d; font-size:0; word-break:break-word">
      <p style=3D"font-size:1px;border-top:1px solid #99ACC2;width:100%;mar=
gin:0 auto;"></p>
      <!--[if mso]>
        <table role=3D"none" align=3D"center" border=3D"0" cellpadding=3D"0=
" cellspacing=3D"0" style=3D"font-size:1px;border-top:1px solid #99ACC2;wid=
th:600px;">
          <tr>
            <td style=3D"height:0;line-height:0">&nbsp;</td>
          </tr>
        </table>
      <![endif]-->
    </td>
  </tr>
</tbody></table></div>
</div>
<!--[if gte mso 9]></table><![endif]-->
<!--[if (mso)|(IE)]></td><![endif]-->
    <!--[if (mso)|(IE)]></tr></table><![endif]-->
    </div>
  =20
  </div>
  <div id=3D"section_1731306193352" class=3D"hse-section" style=3D"padding-=
left:10px; padding-right:10px">
   =20
   =20
    <!--[if !((mso)|(IE))]><!-- -->
      <div class=3D"hse-column-container" style=3D"min-width:280px; max-wid=
th:600px; Margin-left:auto; Margin-right:auto; background-color:#ffffff" bg=
color=3D"#ffffff">
    <!--<![endif]-->
   =20
    <!--[if (mso)|(IE)]>
      <div class=3D"hse-column-container" style=3D"min-width:280px;max-widt=
h:600px;width:100%;Margin-left:auto;Margin-right:auto;">
      <table align=3D"center" style=3D"width:600px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation" width=3D"600" bgcolor=3D"#ffffff">
      <tr style=3D"background-color:#ffffff;">
    <![endif]-->
    <!--[if (mso)|(IE)]>
  <td valign=3D"top" style=3D"width:600px;">
<![endif]-->
<!--[if gte mso 9]>
  <table role=3D"presentation" width=3D"600" cellpadding=3D"0" cellspacing=
=3D"0" style=3D"width:600px">
<![endif]-->
<div id=3D"column_1731306193352_0" class=3D"hse-column hse-size-12">
  <table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D=
"100%"><tbody><tr><td class=3D"hs_padded" style=3D"font-family:Arial, sans-=
serif; font-size:15px; color:#23496d; word-break:break-word; padding:10px 2=
0px"><div id=3D"hs_cos_wrapper_module_17313061933191" class=3D"hs_cos_wrapp=
er hs_cos_wrapper_widget hs_cos_wrapper_type_module" style=3D"color: inheri=
t; font-size: inherit; line-height: inherit;" data-hs-cos-general-type=3D"w=
idget" data-hs-cos-type=3D"module"><div id=3D"hs_cos_wrapper_module_1731306=
1933191_" class=3D"hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type=
_rich_text" style=3D"color: inherit; font-size: inherit; line-height: inher=
it;" data-hs-cos-general-type=3D"widget" data-hs-cos-type=3D"rich_text"><p =
style=3D"mso-line-height-rule:exactly; line-height:175%">Ever wondered how =
pensions work and what it takes to manage billions in assets? Check out thi=
s video with <span style=3D"font-weight: bold;">Mike Gatto </span><span sty=
le=3D"font-weight: normal;">from </span><span style=3D"font-weight: bold;">=
LACERA</span> and <span style=3D"font-weight: bold;">Robin Ziegler </span><=
span style=3D"font-weight: normal;">of </span><span style=3D"font-weight: b=
old;">Mural Real Estate Partners,</span> and delve into the intricacies of =
real estate investments, pension fund management, and the evolving landscap=
e of ESG considerations.</p>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">&nbsp;</p>
<p style=3D"mso-line-height-rule:exactly; line-height:175%">In this convers=
ation they discuss LACERA's investment strategies and risk mitigation, the =
importance of uncorrelated assets in today's market and much, much more.</p=
></div></div></td></tr></tbody></table>
</div>
<!--[if gte mso 9]></table><![endif]-->
<!--[if (mso)|(IE)]></td><![endif]-->
    <!--[if (mso)|(IE)]></tr></table><![endif]-->
    </div>
  =20
  </div>
  <div id=3D"section_1732619750514" class=3D"hse-section" style=3D"padding-=
left:10px; padding-right:10px">
   =20
   =20
    <!--[if !((mso)|(IE))]><!-- -->
      <div class=3D"hse-column-container" style=3D"min-width:280px; max-wid=
th:600px; Margin-left:auto; Margin-right:auto; background-color:#ffffff" bg=
color=3D"#ffffff">
    <!--<![endif]-->
   =20
    <!--[if (mso)|(IE)]>
      <div class=3D"hse-column-container" style=3D"min-width:280px;max-widt=
h:600px;width:100%;Margin-left:auto;Margin-right:auto;">
      <table align=3D"center" style=3D"width:600px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation" width=3D"600" bgcolor=3D"#ffffff">
      <tr style=3D"background-color:#ffffff;">
    <![endif]-->
    <!--[if (mso)|(IE)]>
  <td valign=3D"top" style=3D"width:600px;">
<![endif]-->
<!--[if gte mso 9]>
  <table role=3D"presentation" width=3D"600" cellpadding=3D"0" cellspacing=
=3D"0" style=3D"width:600px">
<![endif]-->
<div id=3D"column_1732619750514_0" class=3D"hse-column hse-size-12">
  <table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D=
"100%"><tbody><tr><td class=3D"hs_padded" style=3D"font-family:Arial, sans-=
serif; font-size:15px; color:#23496d; word-break:break-word; padding:10px 2=
0px"><div id=3D"hs_cos_wrapper_module_17326197457991" class=3D"hs_cos_wrapp=
er hs_cos_wrapper_widget hs_cos_wrapper_type_module" style=3D"color: inheri=
t; font-size: inherit; line-height: inherit;" data-hs-cos-general-type=3D"w=
idget" data-hs-cos-type=3D"module"><table align=3D"center" border=3D"0" cel=
lpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"border-coll=
apse:separate!important">
    <tbody><tr><td align=3D"center" valign=3D"middle" bgcolor=3D"#E69138" s=
tyle=3D"font-family:Arial, sans-serif; font-size:15px; color:#23496d; word-=
break:break-word; border-radius:8px; cursor:auto; background-color:#E69138;=
 mso-padding-alt:12px 18px"><a href=3D"https://cHycy04.na1.hubspotlinks.com=
/Ctc/I5+113/cHycy04/VWQxPH2sll_yW6RfTKq7jNC5fW2jjqKJ5nW8zYN1xVmYz5nXHsW5BWr=
2F6lZ3l5N97WCNtb8Q_FW7gM50V8hcVTgW371-3x21J6tQN3-SbSlpNpgwN2QK6gKGfTlPW3Cr4=
-B8qFlnhVY1Y9d3J0nc0W7ZhvVN2gl375Vq5vMt1BP7-GN7Cd3T8hQDL4W5Ff9_k7QznDRW7bxD=
l87M-955W2B_Q4b7PV60zW63Y2B07JXLkYN1mLzstbLs9-W2wWtj87LRrfFVgPS4X12v2NbW78w=
HQZ1Z9HKTW2ZGDnG1GKDtCW3Xs63X6j6RfWW5l3Wqf7zg5yvW1CYY276qp9QMN2DSmz6dYqC1W2=
kCbyT11r2x3W52yh7T8xHLRcW34lp8l90HqkkN7zZxyBZWsfrW8dxZXM87dlwdN4nbsD8jTVSCW=
61J4M869ZRLsW6STKSy38CWFpW4TTBVN6N1qxsN4xPv9wgQvNwW6ZbvzC5WzPR-f3TQDDz04" t=
arget=3D"_blank" style=3D"color:#00a4bd; font-size:16px; font-family:Arial,=
 sans-serif; Margin:0; text-transform:none; text-decoration:none; padding:1=
2px 18px; display:block" data-hs-link-id=3D"0">
          <strong style=3D"color:#ffffff;font-weight:bold;text-decoration:n=
one;font-style:normal;">Uncover how LACERA is setting new benchmarks</stron=
g>
        </a>
      </td>
    </tr>
  </tbody></table></div></td></tr></tbody></table>
</div>
<!--[if gte mso 9]></table><![endif]-->
<!--[if (mso)|(IE)]></td><![endif]-->
    <!--[if (mso)|(IE)]></tr></table><![endif]-->
    </div>
  =20
  </div>
  <div id=3D"section-6" class=3D"hse-section" style=3D"padding-left:10px; p=
adding-right:10px">
   =20
   =20
    <!--[if !((mso)|(IE))]><!-- -->
      <div class=3D"hse-column-container" style=3D"min-width:280px; max-wid=
th:600px; Margin-left:auto; Margin-right:auto; background-color:#ffffff; pa=
dding-bottom:20px; padding-top:20px" bgcolor=3D"#ffffff">
    <!--<![endif]-->
   =20
    <!--[if (mso)|(IE)]>
      <div class=3D"hse-column-container" style=3D"min-width:280px;max-widt=
h:600px;width:100%;Margin-left:auto;Margin-right:auto;">
      <table align=3D"center" style=3D"width:600px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation" width=3D"600" bgcolor=3D"#ffffff">
      <tr style=3D"background-color:#ffffff;">
    <![endif]-->
    <!--[if (mso)|(IE)]>
  <td valign=3D"top" style=3D"width:600px;padding-bottom:20px; padding-top:=
20px;">
<![endif]-->
<!--[if gte mso 9]>
  <table role=3D"presentation" width=3D"600" cellpadding=3D"0" cellspacing=
=3D"0" style=3D"width:600px">
<![endif]-->
<div id=3D"column-6-0" class=3D"hse-column hse-size-12">
  <table role=3D"presentation" cellpadding=3D"0" cellspacing=3D"0" width=3D=
"100%"><tbody><tr><td class=3D"hs_padded" style=3D"font-family:Arial, sans-=
serif; font-size:15px; color:#23496d; word-break:break-word; padding:10px 2=
0px 0px"><div id=3D"hs_cos_wrapper_module-6-0-0" class=3D"hs_cos_wrapper hs=
_cos_wrapper_widget hs_cos_wrapper_type_module" style=3D"color: inherit; fo=
nt-size: inherit; line-height: inherit;" data-hs-cos-general-type=3D"widget=
" data-hs-cos-type=3D"module"><div id=3D"hs_cos_wrapper_module-6-0-0_" clas=
s=3D"hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_rich_text" st=
yle=3D"color: inherit; font-size: inherit; line-height: inherit;" data-hs-c=
os-general-type=3D"widget" data-hs-cos-type=3D"rich_text"><p style=3D"mso-l=
ine-height-rule:exactly; line-height:175%; text-align:center; margin-bottom=
:10px" align=3D"center">Share this with your network.</p></div></div></td><=
/tr></tbody></table>
</div>
<!--[if gte mso 9]></table><![endif]-->
<!--[if (mso)|(IE)]></td><![endif]-->
    <!--[if (mso)|(IE)]></tr></table><![endif]-->
    </div>
  =20
  </div>
  <div id=3D"section_17205029326305" class=3D"hse-section" style=3D"padding=
-left:10px; padding-right:10px">
   =20
   =20
    <!--[if !((mso)|(IE))]><!-- -->
      <div class=3D"hse-column-container" style=3D"min-width:280px; max-wid=
th:600px; Margin-left:auto; Margin-right:auto; background-color:#000000" bg=
color=3D"#000000">
    <!--<![endif]-->
   =20
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   =20
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    <!--[if !((mso)|(IE))]><!-- -->
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th:600px; Margin-left:auto; Margin-right:auto; background-color:#ffffff; pa=
dding-bottom:10px; padding-top:10px" bgcolor=3D"#ffffff">
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   =20
    <!--[if (mso)|(IE)]>
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h:600px;width:100%;Margin-left:auto;Margin-right:auto;">
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  <div id=3D"hs_cos_wrapper_module_17205029146102" class=3D"hs_cos_wrapper =
hs_cos_wrapper_widget hs_cos_wrapper_type_module" style=3D"color: inherit; =
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ooter hse-secondary" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" sty=
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serif; font-size:15px; color:#23496d; word-break:break-word; text-align:cen=
ter; margin-bottom:0; line-height:135%; padding:10px 20px">
          <p style=3D"font-size: 12px; line-height: 125%;">iGlobal Forum, 6=
 East 43rd Street, 19th Floor, New York,NY,10017,United States of America,<=
/p>
<p style=3D"font-size: 12px; line-height: 125%;"><span style=3D"color: #e69=
138;"><a href=3D"https://hs-5753891.s.hubspotemail.net/hs/preferences-cente=
r/en/page?data=3DW2nXS-N30h-FQW24ShKV4pGbFvW47WDKf2KWQ43W2FGYSJ1SCgfjW3Y0RC=
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e=3Dhs_email&amp;utm_medium=3Demail&amp;utm_content=3D335884716&amp;_hsenc=
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gin-bottom:0!important;margin-right:0!important;margin-left:0!important;pad=
ding-top:0!important;padding-bottom:0!important;padding-right:0!important;p=
adding-left:0!important"></body></html>
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