LACERA Issues RFI For 130/30 Strats

Nov 6 2007 | 2:12pm ET

The Los Angeles County Employees Retirement Association is looking to add 130/30 strategies to its alternatives portfolio. The $42 billion public pension fund has issued a request for information for large-cap U.S. equities managers in the space.

Firms interested in getting a slice of the public pension fund must be registered with the Securities and Exchange Commission, have been around for at least seven years as of the end of September, have at least $750 million in assets under management across all 130/30 strategies and the proposed product must be benchmarked to either the Standard & Poor’s 500 Index or the Russell 1000 Index in addition to having at least a one-year performance history as of the end of September.

The deadline for the RFI, which can be accessed on LACERA’s Web site, is Dec. 3 at 3 p.m. Pacific time.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...