The Los Angeles City Employees’ Retirement System (LACERS) is
soliciting proposals to provide comprehensive domestic and
international master trust/custodial services (acting in the
capacity of a plan fiduciary) including, but not limited to,
securities safekeeping, securities lending, settlement, valuation
and lending; performance measurement; foreign exchange;
collection of income; the processing of benefit payments;
administration of a ‘limited term’ retirement plan; and providing
a management/accounting and information retrieval system. LACERS
requires separate bids for custody with securities lending and
custody without securities lending (unless securities lending is
not offered).
This Request for Proposal (RFP) details the services sought and
instructs interested proposers on the application and selection
process. All firms meeting the minimum qualifications
outlined in Section III of this RFP are invited to respond.
The deadline for submitting proposals is 4:00 p.m. PT on November
28, 2023.
Master Trust-Custodial Services and Securities Lending RFP
Master Trust-Custodial Services and Securities Lending RFP Questionnaire
Questions & Answers - Posted October 20, 2023