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Active Core Non-U.S. Small Cap Equities Mandate Search(RFP)

RFP Documents:
Search Document (Word Format)
Exhibit 2 - Questionnaire (Word Document)
Exhibit 3 - General Conditions (PDF Format)
Exhibit 4 - Sample Contract (PDF Format)
March 8, 2013

To All Interested Parties:

The Board of Administration of the Los Angeles City Employees’ Retirement System, an $11.8 billion public pension fund, is seeking one or more qualified investment management firms to actively manage a total of $330 million in a core long-only, publicly traded non-U.S. small cap equities investment strategy. The proposed strategy must currently be benchmarked against one of the two following indices: MSCI ACWI ex-U.S. Small Cap Index or MSCI EAFE Small Cap Index.

The search document, which details the minimum qualifications each respondent must meet in order to be considered, as well as the required City forms, are available on LACERS.org at http://www.lacers.org/aboutlacers/request-for-proposals/index.html or the website of LACERS General Fund Consultant, Wilshire Associates, at http://www.wilshire.com/Investment-Consulting/Manager-Search/manager-search.

Proposal Submittal Deadline:
Due Date: Friday, April 12, 2013 – 5:00 P.M. PDT

Investment Division
Los Angeles City Employees’ Retirement System
202 W. First Street, Suite 500
Los Angeles, CA  90012-4401

Submittals received after the deadline will NOT be considered.
Finalist candidates may be requested to submit additional copies of their proposal. Should you have any questions regarding the search parameters, please email them to mgrsearch.neill@wilshire.com, with the name of your firm along with the phrase ‘non-U.S. Small Cap Equities Mandate Search’ appearing in the subject line, prior to 3:00 P.M., Pacific Daylight Time, on Friday, March 15, 2013.

Additional schedule information:
Written Questions Submission by email:    Friday, March 15, 2013; 3:00 P.M. PDT
Response to Written Questions posted on LACERS’ website:   Wednesday, March 20, 2013; 5:00 P.M. PDT 

Questions and Addenda NEW

We invite and look forward to your participation in this search.
Emerging Managers (as defined by LACERS Emerging Investment Manager Policy) are encouraged to participate in this manager search, subject to LACERS investment policies and any provisions specifically stated in this search document that pertain only to Emerging Managers.


Thomas Moutes
General Manager