The Los Angeles County Employees’ Retirement Association is preparing an RFP for Real AssetsEmerging Manager Discretionary Separate Account Manager.
According to materials from the January 11 board meeting, “The RFP will be to manage one or more discretionary separate account emerging manager program(s) for Real Estate and Real Assets, which includes Infrastructure and Natural Resources, for up to 8-10% of capital to be deployed within Real Estate and Real Assets, for up to $400 million each”.
The RFP is expected to launch in January/February of 2023 with a final recommendation anticipated in Q3 2023.
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