Los Angeles Fire & Police Pension System is looking to issue RFPs for international equity managers to handle passive large cap core, Pensions & Investments reports. The system will also conduct invitation-only searches for active international large-cap growth equity and active international smidcap equity. LAFPP is also planning to look for an emerging manager in one or more of the above international equity subasset classes. The mandates for all but the emerging manager searches will be for more than $100 million each. In addition, the system reappointed Townsend Group as its real estate consultant.
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