Specifications include, but are not limited to: Attend Alternatives Portfolio Committee meetings telephonically or in person, and OIC meetings in person, as requested. Assist in the development of Diversifying Strategies Portfolio policies, objectives, guidelines, procedures and portfolio strategy. Assist in the management of the Diversifying Strategies Portfolio, including termination/exit analysis and recommendations. Research alternative investment market trends and capital market trends and provide results or summaries to Treasury, upon request. Identify, analyze and report on new investment trends. Review and consider investment proposals and transactions from potential and existing investment managers. Conduct manager due diligence for prospective new relationships. Provide written recommendations (including a summary of due diligence findings, investments merits and risks, portfolio fit, etc.) to Treasury on every Diversifying Strategies Portfolio proposal presented to the Alternatives Portfolio Committee or OIC.