The deadline for submitting proposals:  5:00 P.M (PDT) on Thursday, January 31, 2013

December 10, 2012


To All Interested Parties:

Re: Active Non-U.S. Equities Developed Markets Manager Search

The Board of Administration of the Los Angeles City Employees’ Retirement System, an $11.4 billion public pension fund, seeks at least three qualified investment management firms to actively manage Non-U.S. Equities Core, Growth, and Value Developed Markets mandates utilizing either MSCI EAFE or World ex-U.S. Markets style index as the mandate benchmark along with an object of outperforming the benchmark by 100 basis points (net-of-fees), annualized over a full market cycle (approximately 3 – 5 years)

The search document, which details the minimum qualifications each respondent must meet in order to be considered, as well as the required City forms, are available on LACERS.org at http://www.lacers.org/aboutlacers/request-for-proposals/index.html  or the website of LACERS General Fund Consultant, Wilshire Associates, at http://www.wilshire.com/InvestmentConsulting/ManagerSearch.aspx.

Proposals are to be completed and submitted pursuant to the search document by the deadline indicated below.   If your firm has already submitted a proposal to compete for this specific mandate, you should have already received a communication directly from Wilshire Associates regarding the requirements to keep your proposal active and valid.

Proposal Submittal Deadline

The deadline for submitting proposals:	5:00 P.M (PST) on Friday, January 11, 2013
Additional schedule information:
Written Questions Submission by email:	December 17, 2012; 3:00 P.M. PST
Response to Written Questions posted on Wilshire’s website:	December 21, 2012

Questions & Answers are posted at:

• http://www.wilshire.com/InvestmentConsulting/
  ManagerSearch.aspx

Submittals received after the deadline will NOT be considered.

Finalist candidates may be requested to submit additional copies of their proposal. Should you have any questions regarding the search parameters, please email them to mgrsearch.neill@wilshire.com, with the name of your firm along with the phrase ‘Active Non-U.S. Equities Developed Markets Managers Search’ appearing in the subject line, prior to 3:00 P.M., Pacific Standard Time, on Monday, December 17, 2012.

We invite and look forward to your participation in this search. Emerging Managers (as defined by LACERS Emerging Investment Manager Policy) are encouraged to participate in this manager search, subject to LACERS investment policies and any provisions specifically stated in this search document that pertain only to Emerging Managers. 


Sincerely,

Thomas Moutes
General Manager