Los Angeles County Employees Retirement Association, Pasadena, Calif., launched an RFI for a new consultant to perform an investment best practice and risk management study, said David Kushner, chief investment officer of the $47 billion pension fund, in an e-mail.
The consultant will study the investment and risk management practices used among LACERA’s peers and the role of internal audits as part of these practices. There is no incumbent.
The RFI is available on LACERA’s website. Interested firms must submit an intent to respond by Jan. 30; RFI responses are due no later than 5 p.m. PST on March 6. A selection is expected as early as April 30.