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Active Public Markets MLP Mandate Search RFP

RFP Documents:
Exhibit 1 - Search Document (Word Format)
Exhibit 2 - Questionnaire (Word Format)

Exhibit 3 - General Conditions (PDF Format)

Exhibit 3-5 - Workforce Composition (Excel Format)
Exhibit 4 - Sample Contract (PDF Format)
Exhibit 5 - Emerging Manager Track Record Questionnaire (Word Format)

October 7, 2015

To All Interested Parties:

The Los Angeles City Employees’ Retirement System (LACERS) administers an investment portfolio with approximately $14 billion in assets. LACERS is seeking one or more qualified investment management firms to actively manage up to approximately $70 million in an active, long-only, publicly traded master limited partnership (MLP) strategy. The proposed strategy must currently be benchmarked against one of the following benchmarks:  Alerian MLP Index, S&P MLP Index, Cushing 30 MLP Index or the Wells Fargo MLP 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, is available on LACERS website: lacers.org and at the website of LACERS General Fund Consultant, Wilshire Associates:  http://www.wilshire.com/investment-consulting/manager-research/manager-search

Proposal Submittal Deadline:

The deadline for submitting proposals: 5:00 P.M (PST) on Wednesday, November 4, 2015

Additional schedule information:
Written Questions Submission by email: 5:00 P.M. (PST) on Friday, October 16, 2015
Response to Written Questions posted on Wilshire's website and found here.

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 Public Markets MLP Mandate Search’ appearing in the subject line, prior to 5:00 P.M., Pacific Standard Time, on Friday, October 16, 2015.

We invite and look forward to your participation in this search.


Thomas Moutes
General Manager