The Retirement Board’s private equity consultant assists the Retirement Board in developing its private equity program through education and strategic analysis. The scope of work performed by the consultant includes the review of the Board’s private equity policies, guidelines, and private equity portfolio on an ongoing basis and makes recommendations for modifications as required, prepare quarterly investment performance reports and analysis of the Plan’s private equity portfolio and present this material to the Board as requested. In addition, the consultant provides an annual performance report to the Board analyzing the Plan’s aggregate private equity investment portfolio asset mix, risk and return.
Currently, the Plan’s Private Equity Consultant is StepStone Private Equity.
Link: StepStone’s website.
Employees Retirement Plan Room 357 Department of Water & Power PO Box 51111 Los Angeles, CA 90099-5520
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