The Kansas Public Employees Retirement System needs help. Private equity help, to be exact.
The pension fund has issued a request for proposals from private equity advisors. Firms will be expected to provide advisory services on a non-discretionary basis, including helping develop a long-term investment strategy, an annual plan, investment search and selection—from screening and databases to due diligence and recommendations—and portfolio monitoring and analysis.
Interested parties should have clients with a minimum of $10 billion in aggregate assets. Submissions are due Nov. 28. The RFP is available on the KPERS Web site.
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