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Active U.S. Small Cap Value Equities Mandate Search RFP

November 4, 2015

To All Interested Parties:

The Los Angeles City Employees’ Retirement System (LACERS) administers an investment portfolio with approximately $14.3 billion in assets. LACERS is seeking one or more qualified investment management firms to actively manage up to approximately $229 million in an active, long-only, separate account, publicly traded U.S. small cap value equity investment strategy. The proposed strategy must currently be benchmarked against the Russell 2000 Value 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 Friday, December 11, 2015

Additional schedule information:
Written Questions Submission by email: November 12, 2015; 5:00 P.M. PST
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.

Firms that responded to the search released on June 3, 2015, must submit new proposals to be considered for this mandate.

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 Small Cap Value Equity Mandate Search’ appearing in the subject line, prior to 5:00 P.M., Pacific Standard Time, on Thursday, November 12, 2015.

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


Thomas Moutes
General Manager