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Active Emerging Markets Debt 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 $200 million in a long-only, publicly traded emerging markets debt investment strategy.   The proposed strategy must currently be benchmarked against one of the following two indices:  J.P. Morgan EMBI Global or J.P. Morgan EMBI Global Diversified.

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 ‘Active Emerging Markets Debt 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 Wilshire’s website:   Wednesday, March 20, 2013

Questions and Addenda NEW

Questions & Answers are posted at:

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