The Board desires to retain qualified Emerging Investment Management firms to manage a portion of the Plan’s Small-Cap Domestic Equity assets. The account size may be approximately $25 million – $50 million per firm.  The number of mandates awarded depends on the responses received and their fit with the existing LAFPP Domestic Equity portfolio. Firms meeting the below-listed minimum criteria are invited to complete and return the Request for Proposal (RFP) Questionnaire and supporting documents discussed below.

Minimum Requirements:

Qualifying firms must:

• Have no more than $2 billion of assets under management.
• Have a minimum of $30 million of institutional assets under management.
• Have a minimum of $10 million of assets under management in the strategy being proposed for consideration.
• A minimum of five years of experience for the Portfolio Manager managing the     strategy as of June 30, 2019.
• A minimum of one year of operation as an investment management firm as of       June 30, 2019.
• The strategy must be available in a separate account vehicle.
• Have at least one tax-exempt client.

RFP - Small-Cap Domestic Equity Emerging Managers

RFP- Small Cap Domestic Equity Emerging Managers Addendum and Questions & Answers

Appendix

Appendix I - Bidder Certification CEC Form 50

Appendix II - Minimum Qualifications Certificate

Attachments

Contractor Disclosure Policy

Contractor Disclosure Form

Marketing Cessation Policy

Standard Provisions