Skip to main content
MENU
Subscribe
  • Subscribe
  • Account
  • LOGIN
  • Topics
    • Alternatives
    • Consultants
    • Coronavirus
    • Courts
    • Defined Contribution
    • ESG
    • ETFs
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Opinion
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Russia-Ukraine War
    • SECURE Act 2.0
    • Special Reports
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • Climate Change: The Inescapable Opportunity
    • Impact Investing
    • 2022 ESG Investing Conference
    • ESG Rated ETFs
  • Defined Contribution
    • Latest DC News
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • Trends in DC: Focus on Retirement Income
    • 2022 Defined Contribution East Conference
    • 2022 DC Investment Lineup Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Performance Data
    • P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
    • Future of Investments Research Series
    • Charts & Infographics
    • Polls
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
    • 2022 Innovation Investing Conference
    • 2022 Defined Contribution East Conference
    • 2022 ESG Investing Conference
    • 2022 DC Investment Lineup Conference
    • 2022 Alternatives Investing Conference
Breadcrumb
  1. Home
  2. Print
March 05, 2007 12:00 AM

CHANGES AHEAD

  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print

    Los Angeles County Employees Retirement Association, Pasadena, Calif., issued an RFP for private equity consultants to provide independent monitoring and performance reporting for the fund’s $5.5 billion private equity portfolio, according to the RFP. Officials at the $37.6 billion fund are seeking non-discretionary advisory services for buyout fund investments of more than $3 billion each and for its venture capital investments of more than $500 million each, and discretionary advisory services for smaller commitments. Christopher J. Wagner, senior investment officer, private equity, did not return calls seeking further information. The RFP is available on the association’s website at www.lacera.com. Responses are due March 7. Separately, the system issued an RFP for securities lending services, said Juan Almaguer, principal investment officer, public markets. Lendable assets are the association’s $3.7 billion corporate bond and $2.5 billion domestic equity portfolios, he said. Incumbent Goldman Sachs’ contract is expiring in the second quarter; the firm was invited to rebid. The RFP is located on the association’s website at www.lacera.com. Proposals are due March 9.

    Indiana Public Employees’ Retirement Fund, Indianapolis, issued an RFP for a cash overlay manager for up to $200 million, to bring the cash exposure of the $16.1 billion fund closer in line with its strategic investment allocation, according to Jeffrey D. Hutson, director of communications. It would be the fund’s first cash overlay, Mr. Hutson said. The overlay would involve cash held as part of equity and fixed-income investment management processes, as well as cash held by the fund to meet commitments for private equity and real estate capital calls and benefit payments, according to the RFP. The fund wants to hire the overlay manager “to improve performance on cash,” Mr. Hutson said. The fund’s allocation targets are 40% domestic equity, 15% each in core fixed income and international equity, 10% global equity, 8% private equity, 5% TIPS, 3% real estate, and 2% each to commodities and absolute return. The RFP is available on the fund’s website, www.state.in.us/perf. Proposals are due March 16.

    Montana Board of Investments, Helena, issued an RFP for active domestic large-cap equity managers to run about $75 million each, confirmed Devin Garrity, procurement officer. Mr. Garrity was not able to say how many managers would be chosen. The $7.6 billion fund is looking for “active style-based growth and value long-only strategies and partial long-short strategies,” according to the RFP. Consultant R.V. Kuhns is assisting. Mr. Garrity said the move is being made for diversification. Neither CIO Clifford Sheets nor Executive Director Carroll South was available to provide further details at press time. The RFP is available at http://gsd.mt.gov/business/pdfdownloads/

    RFP07-1478D.DOC. Proposals are due by 2 p.m. MDT March 16.

    Atlanta Public Schools issued an RFP for a bundled provider for a new 457 plan. Jeff Thomas, vice president of risk management, did not return calls seeking more information. The school district also has a 403(b) plan with $142 million in assets. The RFP is on the plan’s website at www.atlanta.k12.ga.us/content/purchasing/457Deferred_Comp_Plan.

    pdf. Proposals are due March 16.

    Oklahoma Public Employees Retirement System, Oklahoma City, issued an RFP for an investment consultant. Incumbent Strategic Investment Solutions will be invited to rebid, said Tom Spencer, executive director of the $6 billion fund. The RFP is available on the plan’s website at www.opers.state.ok.us/pdfs/icrfp207.doc. Proposals are due by 5 p.m. CDT March 16.

    New Mexico Educational Retirement Board, Santa Fe, will issue an RFI for the $8.9 billion fund’s first real estate consultant, said Steve Neel, investment officer for alternative investments. New England Pension Consultants, the board’s general consultant, is assisting. The board made an initial 15% target allocation to the asset class, but its current exposure is limited to $472 million in real estate investment trusts. The RFI will be posted at www.nmerb.org. Responses are due March 19.

    Plymouth (Mass.) County Retirement System is searching for either an active or passive domestic small-cap value equity manager to run $55 million, said Bill Farmer, executive director of the $600 million fund. Funding will come from an active domestic small-cap core strategy run by Columbia Management, which can bid on the value RFP. Fund executives decided to add a value strategy. The RFP is available on consultant Wainwright Investment Counsel’s website at www.winvcounsel.com/rfp.html. Proposals are due by 2 p.m. EDT March 21.

    Overland Park (Kan.) Police Department Retirement Plan issued an RFP for an active domestic large-cap growth equity manager to run $5 million to $8 million. David Lee, director of manager research for Dahab Associates, the $43 million plan’s consultant, said funding would come from a general rebalancing. The plan now has $5 million committed to large-cap growth. Mike Russo, manager of retirement plans, was not available for comment. The RFP is available on Dahab’s website at http://dahab.com/searches.html. Proposals are due at 5 p.m. EDT March 23.

    Recommended for You
    Read the print edition of P&I
    Read the print edition of P&I
    How low is low? Projections say it's not low enough
    How low is low? Projections say it's not low enough
    FINRA honors Wharton's Olivia Mitchell with Ketchum Prize
    FINRA honors Wharton's Olivia Mitchell with Ketchum Prize
    Alternatives: Investing Across the Spectrum
    Sponsored Content: Alternatives: Investing Across the Spectrum

    Reader Poll

    May 9, 2022
    SEE MORE POLLS >
    Sponsored
    White Papers
    Are Factors a Thing of the Past?
    Q2 2022 Credit Outlook: Carry On
    Leverage does not equal risk
    Is there a mid-cap gap in your DC plan?
    Out of the Shadows: The Revolution in Shadow Accounting
    The pivotal role of fixed income markets in the ESG revolution
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    May 9, 2022 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Content Solutions
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright Ā© 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Consultants
      • Coronavirus
      • Courts
      • Defined Contribution
      • ESG
      • ETFs
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Opinion
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Russia-Ukraine War
      • SECURE Act 2.0
      • Special Reports
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • Climate Change: The Inescapable Opportunity
      • Impact Investing
      • 2022 ESG Investing Conference
      • ESG Rated ETFs
    • Defined Contribution
      • Latest DC News
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • Trends in DC: Focus on Retirement Income
      • 2022 Defined Contribution East Conference
      • 2022 DC Investment Lineup Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Performance Data
      • P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
      • Future of Investments Research Series
      • Charts & Infographics
      • Polls
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
      • 2022 Innovation Investing Conference
      • 2022 Defined Contribution East Conference
      • 2022 ESG Investing Conference
      • 2022 DC Investment Lineup Conference
      • 2022 Alternatives Investing Conference