Tuesday, 24 November 2015
Last updated 20 hours ago
Jan 8 2007 | 6:35pm ET
The Los Angeles County Employees Retirement Association has issued an RFP seeking advisory services for private equity investments.
Specifically, LACERA is looking to work with a non-discretionary advisor to evaluate its commitments to large U.S. and non-U.S. corporate finance funds greater than $3 billion and venture capital funds greater than $ 500 million. LACERA will rely on the managers to gain exposure to difficult-to-access areas of the market such as small-to-mid-sized corporate finance funds and emerging managers.
Firms submitting proposals must have private equity portfolios, in aggregate, containing at least $1 billion in capital commitments; have at least one public pension fund client; maintain a database of worldwide private equity managers and have a performance measurement system that accurately monitors the returns of a significant number of private equity funds; and have at least three years experience in a lead role recommending domestic and/or international private equity funds (e.g., venture capital and corporate finance) for investment and negotiating partnership agreements.
The deadline for the RFP is 3:00 PM PDT on Friday, Jan. 12.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…