Friday, 31 July 2015
Last updated 5 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…