Private Markets Manager Search – Energy Focused
The System is accepting proposals from investment firms to manage a private markets energy mandate for the System's $3 billion, defined benefit, pension fund. In order to be considered, the candidates must be raising a closed-end private markets fund and the fund must be diversified by asset type and geography. The strategic area of focus for this search is energy with a preference for private markets or debt-focused funds investing in upstream, midstream, downstream, power generation, renewable, or energy-related infrastructure assets. Candidates for consideration must have raised one prior fund and be raising at least $200 million in the current fund. The fund must have a final close no earlier than December 31, 2010 and no later than December 31, 2011. The manager must work with NEPC to conduct due diligence. Private Markets funds with a venture, large buyouts and distressed focus will not be considere
