PRIVATE EQUITY INVESTMENT ADVISORS
The Fire and Police Pension System of the City of Los Angeles (LAFPP) is seeking proposals
from qualified firms to provide private equity investment advisory services. LAFPP manages an
$11 billion fund with a 10% allocation to private equity. The Systems private equity program
began in 1996. To date the program has committed approximately $1.9 billion to over 180
separate partnerships managed by over 85 General Partner groups. The current equity value of
committed capital is approximately $600 million. The programs investments are well-diversified
across traditional (or core) private equity investment types (venture, buyout and special
situations) by vintage year and by sector and industry. The program also has a specialized
private equity component targeting commitments to first-time funds, smaller funds focused on
specific geographic or demographic sectors, or funds managed by emerging General Partners.
Instructions: http://www.lafpp.com/LAFPP/documents/RFPs/2009_LAFPP_Private_Equity_Advisors_RFP_Instructions.pdf
