Adviser on Private Equity Investments to the Investment Management Division (IMD) of the United Nations Joint Staff Pension Fund (UNJSPF)

UN Secretariat
Adviser on Private Equity Investments to the Investment Management Division (IMD) of the United Nations Joint Staff Pension Fund (UNJSPF) Request for EOI

Reference: EOIDB7101
Beneficiary countries or territories: United States of America
Published on: 13-Oct-2011
Deadline on: 11-Nov-2011 00:00 (GMT 0.00)

Description
A. Services 1. The Secretary-General of the United Nations seeks experienced advisors to the Investment Management Division (IMD) of the United Nations Joint Staff Pension Fund (UNJSPF) on Private Equity Investments. 2. Adviser will provide advice on and assistance in the analysis, selection, placement and monitoring of Private Equity investments to the Fund. The Adviser will be asked to advise the Fund on procedures for making profitable, liquid, and secure investments consistent with the mandates of the Fund in appropriate Private Equity investments. The Adviser will provide a written set of procedures for evaluating, selecting and investing in Private Equity, including appropriate due diligence procedures, selection criteria, monitoring procedures, risk management and performance evaluation. In making portfolio recommendations, the Adviser will advise the Fund regarding the appropriate degree of liquidity and risk. Proper consideration will be given to volatility (or other indicia of risk), correlation, cyclicality, alpha potential, systemic risk (beta), overall risk/return potential, liquidity risk and the utilization of leverage. B. Brief Description of the Fund 3. The Fund is one of the most globally diversified funds in the world. Although most of the exposure is in major developed markets, the Fund is committed to finding sound investment opportunities in emerging markets. 4. IMD takes a long-term approach to investment management, and in general, holdings are limited to a relatively small number of instruments; therefore the size of holdings tends to be large and trading activity (turnover) is low. 5. The total assets under management by the IMD are approximately US$40 billion denominated in a wide array of currencies. 6. Historically, IMD has maintained a conservative equity and debt portfolio. All investments must, at the time of purchase, meet the criteria of safety, profitability, liquidity and convertibility. C. Minimum required qualifications: 7. Firm seeking to participate in the forthcoming solicitation must have: (a) Minimum experience: 5 years (b) Minimum Private Equity Advisory Services under management or advisement: US$5 Billion (c) Consultants must have a blemish free background - free of suspension, censure or any other disciplinary action by any professional, state, or national/statutory or regulatory entity. If no - please provide details. Respondents to this EOI must fulfill the above required qualifications.

Denise Badila