Tuesday, 5 May 2015
Last updated 1 hour ago
Jul 7 2008 | 1:48pm ET
The $5 billion San Diego City Employees’ Retirement System is implementing a new 5% target allocation to private equity, and is seeking proposals from discretionary private equity advisors to help initiate and develop a diversified, global, broad-market private equity portfolio.
SDCERS is accepting proposals from a variety of gatekeepers, including funds of funds and traditional separate account consultants. The system anticipates committing approximately $100 million to $150 million per year for the new mandate.
San Diego is looking for a discretionary p.e. advisor to help it structure a “best of breed” p.e. program, including developing investment policies and procedures; formulating an overall strategic plan including cash flow forecasting and investment pacing, devising annual tactical plans which include sector allocations and return objectives and creating reporting and monitoring guidelines.
The deadline for the request for proposals, which can be accessed on the system’s Web site, is Aug. 1.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…