RFP Archive
Core Fixed Income Mandate Search RFP
Proposal Submittal Deadline: October 4, 2019 at 4:00 p.m. PDT
The Los Angeles City Employees’ Retirement System (LACERS) administers an investment portfolio with approximately $18 billion in assets. LACERS seeks one or more qualified investment management firms to actively manage up to approximately $2.44 billion in a core fixed income mandate through separately managed accounts.
Emerging Market Small Cap Equities Mandate Search
Proposal Submittal Deadline: July 22, 2019 at 4:00 p.m. PST
The Los Angeles City Employees’ Retirement System (LACERS) administers an investment portfolio with approximately $17.1 billion in assets. LACERS seeks one or more qualified investment management firms to actively manage up to approximately $230 million in an emerging market small cap equities investment strategy through separately managed accounts.
Emerging Market Debt Mandate Search
Proposal Submittal Deadline: July 22, 2019 at 4:00 p.m. PDT
The Los Angeles City Employees’ Retirement System (LACERS) administers an investment portfolio with approximately $17.1 billion in assets. LACERS seeks one or more qualified investment management firms to actively manage up to approximately $800 million in an emerging market debt local and hard currency blend strategy through separately managed accounts.
U.S. Small Cap Equities Mandate Search
Proposal Submittal Deadline: April 12, 2019 at 4:00 p.m. PDT
The Los Angeles City Employees’ Retirement System (LACERS) administers an investment portfolio with approximately $17.1 billion in assets. LACERS seeks qualified investment management firms to actively manage up to approximately $648 million in one or more of the following long-only, publicly-traded U.S. Small Cap Equities investment strategies: Small Cap Core Equities, Small Cap Growth Equities, and Small Cap Value Equities. Proposed strategies must be benchmarked to the Russell 2000 Index, Russell 2000 Growth Index, or Russell 2000 Value Index. It is LACERS intent to allocate assets across the core, growth, and value styles and to hire more than one firm. LACERS will consider separately managed accounts and fund-of-funds.
High Yield/Bank Loan Credit Mandate Search
Proposal Submittal Deadline: April 12, 2019 at 4:00 PDT
The Los Angeles City Employees’ Retirement System (LACERS) administers an investment portfolio with approximately $17.1 billion in assets. This investment manager search seeks one or more qualified investment management firms to actively manage up to approximately $216 million each in a high yield fixed income strategy and a hybrid high yield fixed income/U.S. floating rate bank loans strategy through separately managed accounts.
Private Credit Mandate Search
Proposal Submittal Deadline: January 18, 2019 at 5:00 p.m. PST
The Los Angeles City Employees’ Retirement System (LACERS) administers an investment portfolio with approximately $16.8 billion in assets. This investment manager search seeks one or more qualified investment management firms to actively manage up to approximately $670 million in a private credit investment strategy through separately managed accounts and commingled funds. LACERS will consider senior secured debt mandates with a geographic emphasis in the United States, Europe or Asia. The proposed strategy is expected to outperform the Credit Suisse Leveraged Loan Index by 200 basis points over a full market cycle.