Saturday, 18 April 2015
Last updated 6 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.
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…