Organization intends to invest $200 million in diverse-owned and led private equity firms raising first or second funds.
The roughly $69.6 billion Los Angeles County (Calif.) Employees Retirement Association has issued its global equity emerging manager RFP.
The plan is searching for up to two private debt and equity real estate strategies.
The plan will seek multiple non-core emerging real estate managers.
The plan is searching for minority-, women- and disabled-owned private equity managers to handle up to $20 million.
The plan is seeking a manager-of-managers to handle a portfolio of women- and minority-owned international equity managers.
The plan is looking to invest $30 million in a fund-of-funds investing in diverse-owned or diverse-led private equity funds.
The city plans had previously had fixed-income emerging manager-of-managers portfolios with Progress Investment Management Company.
A Midwestern pension plan has issued its RFP for diverse-owned private equity managers.
A Midwestern investor has issued an RFP for emerging manager-of-managers services.
Insights on Prudential Financial’s move to invest with diverse private equity managers and more.