IGL's investment committee reviews investment proposals, makes investment and divestment decisions, monitors portfolio company financial performance and provides redemption and dividend recommendations to the board of directors.  The committee operates under a formal investment policy, guidelines, and an investment process in an effort to help ensure that IGL accomplishes its objectives in a reasoned consistent manner.

The board of directors appoints members of the investment committee.  There are typically 10-15 members of the committee.  Each member is appointed for a term of one calendar year.  Terms are renewed automatically unless the member chooses to resign or is terminated.  Members may resign or be terminated by the Board of Directors without notice.  Members of the Investment Committee are responsible for exercising that degree of judgment, skill, and care under the circumstances then prevailing, which persons of prudence, discretion, and intelligence, who are familiar with such matters, exercise in the management of their own affairs in investment matters.

The Investment Committee meets as often as is necessary to discharge their responsibilities but in no event shall meetings take place less frequently than twice per year.