LACERS prepares to launch new RFP for PE consultant


Los Angeles City Employees’ Retirement System, pension fund, private equity
Los Angeles, California, USA - July 21, 2016: Dusk aerial of the Santa Monica 10 and Harbor 110 freeway interchange near downtown Los Angeles. Photo courtesy trekandshoot/iStock Editorial/Getty Images
  • Board will vote on new RFP on Oct. 10
  • Timeline calls for new consultant contract by mid-2018
  • Previous RFP exploded after board members disparaged finalists
Los Angeles City Employees’ Retirement System is preparing to request proposals from outside firms for a new private equity consultant, three months after its previous RFP process collapsed in the middle of a board meeting. The board will vote on ...

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