Plan’s new global credit manager will handle an approximately $700 million mandate.
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 is seeking a manager-of-managers to handle a portfolio of women- and minority-owned international equity managers.
A teachers pension fund made $40 million in private equity commitments to minority-, women- and disabled-owned firms last month.