Investment Partner Introductions

Overview

ACERA is a well-diversified public pension plan with a multi-billion-dollar investment portfolio. Rather than making investments directly, we work with expert investment managers who handle specific asset classes on our behalf.

Investment Products and Services Introductions (IPSI)

The ACERA IPSI process allows prospective investment managers and vendors to better understand ACERA’s needs while enabling our staff to learn about their products/services. It is essential to note that IPSI is separate from ACERA’s investment manager search process. (See our Investment Policies for more on our search process.)

Managers and vendors who wish to present their product/services to ACERA for consideration should complete the IPSI Form below. If their product/services aligns with ACERA’s current workplan and business needs, our staff will forward the relevant information to ACERA’s consultant(s) for further review. (NEPC is ACERA’s general investment consultant, and Callan is ACERA’s real estate investment consultant.) After internal review is completed, staff may decide that an in-person or virtual introduction meeting is warranted and will reach out for scheduling. Each introductory meeting lasts approximately 1 hour, and meetings are held at least 2 days per month, usually on the 2nd and 3rd Thursdays.

Investment Products and Services Introductions (IPSI) Form

Complete the form below. ACERA reserves the right to decline to meet with any prospective manager/vendor.

All submitted IPSI forms and related materials become the property of ACERA and are generally subject to disclosure unless exempted under the Public Records Act  (CA Gov. Code §7920.000, et. seq.). Written materials and pitch books relating to alternative investments are exempt from public disclosure pursuant to CA Gov. Code §7928.710 and §7922.000.

Please fill out one form for each product/service.

For questions about completing the form, please call Agnes Ducanes at 510-628-3109.

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Proprietary Information is Not Shared in Public Records Act Requests

  1. Per the Public Records Act (California Gov. Code 6250 et seq.), ACERA will make available to the public the submitted IPSI Form and all correspondence and documentation submitted during the IPSI process. Except as otherwise required by law, ACERA will not disclose trade secrets or proprietary financial information submitted in an IPSI Form. Any such trade secrets or proprietary financial information, which Investment Vendor believes should be exempted from disclosure, shall be specifically identified and marked as such by Investment Vendor. Blanket-type identific ation by designating whole pages or sections shall not be permitted and shall be invalid. The specific information must be clearly identified as such.
  2. Upon a request for records regarding a submitted IPSI Form, ACERA will notify the Investment Vendor involved of a specific time for when the records will be made available for inspection. If  Investment Vendor, in a timely manner, identifies any “proprietary, trade secret, or confidential commercial or financial” information which  Investment Vendor determines is not subject to public disclosure,  Investment Vendor will be required fully to intervene, justify such exemption, and secure appropriate injunctive orders in all fora exempting such records from disclosure. ACERA reserves the right to independently determine whether any document is subject to disclosure and to make such information available to the extent required by applicable law, without any restriction.