Global Listed Infrastructure Investment Management Search

Los Angeles City Employees' Retirement System (LACERS) is conducting a search for qualified investment management firms. The objective is to appoint managers for two distinct mandates: an actively managed global listed infrastructure strategy and a passively managed global listed infrastructure strategy. The total assets under management are expected to be approximately $550 million for the active mandate and $800 million for the passive mandate, totaling approximately $1.35 billion. LACERS encourages emerging managers to participate in this search, provided they meet LACERS' investment policies. It is important to note that only one proposal will be accepted per mandate, meaning a firm can submit a proposal for either the active or the passive strategy, but not both.