The Los Angeles Water & Power Employees’ Retirement Plan (LADWP) has issued an RFP for a Global Equity Manager.
LADWP is looking for an investment manager to manage a portion of the pension fund portfolio valued at approximately $450 million.
Proposals are due April 8, 2024.
RVK is assisting with the search.
As of December 31, 2023, the $20 billion pension currently allocates $458.5 million (2.7%) to global equity.
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