LACERS Recommends Loomis Fixed Income Renewal
Los Angeles City Employees Ret SysCity Department · Los Angeles, CA- Disclosed value
- 0.13% annually, approximately $897,000 annually based on assets as of August 31, 2026
- From agendapacket
- Document date
- Oct 13, 2026
- Term
- Three years from current contract expiry
- Renews
- Free account
The 30-second brief
LACERS staff recommended a three-year renewal with Loomis, Sayles & Company, L.P. for management of an active core fixed income portfolio. The contract carries an effective annual fee of 0.13%, approximately $897,000, and expires May 31, 2027.
Loomis, Sayles & Company LP holds this financial services contract with Los Angeles City Employees Ret Sys. Its other public contracts on record include work for Tucson Supplemental Retirement System and Southeastern Pennsylvania Transportation Authority.
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Contract details
- Contract type
- Financial Services
- Amount
- 0.13% annually, approximately $897,000 annually based on assets as of August 31, 2026
- Document date
- October 13, 2026
- Term
- Three years from current contract expiry
- Renews
- On record
- Vendor
- Loomis, Sayles & Company LP
- Source document
- Los Angeles City Employees' Retirement System AgendaPacket Investment Committee Meeting 2026-10-13 (AgendaPacket)
Loomis, Sayles & Company LP's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Los Angeles City Employees Ret Sys?
Loomis, Sayles & Company LP was awarded this financial services contract by Los Angeles City Employees Ret Sys, as recorded on October 13, 2026. The contract value is 0.13% annually, approximately $897,000 annually based on assets as of August 31, 2026.
How much is the Loomis, Sayles & Company LP contract with Los Angeles City Employees Ret Sys worth?
The Loomis, Sayles & Company LP contract with Los Angeles City Employees Ret Sys is valued at 0.13% annually, approximately $897,000 annually based on assets as of August 31, 2026, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Los Angeles City Employees' Retirement System AgendaPacket Investment Committee Meeting 2026-10-13 (AgendaPacket), dated October 13, 2026 from Los Angeles City Employees Ret Sys. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Los Angeles City Employees Ret Sys currently buying?
Explore Los Angeles City Employees Ret Sys's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.