Manager Adams Street Partners - Chicago Police Pension Fund

Manager Adams Street Partners

Address 1 N. Wacker Dr. Suite 2200 Chicago IL 60606

Contact John Gray

Phone 312-553-8482

Email [email protected]

Product Adams Street Partnership Funds

Asset Class Private Equity

Market Value

Quartery Fees

Service ASP operates a pooled vehicle of private equity fund of funds, and th Chicago Police is a participant in the

vehicle. The fund is a portfolio of multiple private partnerships investments that are diversified by time,

managers and sub-class. The protfolio manages all operations including capital calls, distributions and

repoting.

Conditions The Police participate in numerous investments with Adams Street Partners and the predecessor organization -

Brinson Partners (BPF Funds). The BPF Funds are billed outside of the fund and the ASP Funds are charged

within the fund. As the funds mature (beginning in year 8), the amount of fee decreases by !0% per year unitl

the fund is liquidated or goes to zero %. The only other management fees is a carry on secondary investments

of 10%.

2012:Q2

Manager Aetos Alternatives Management, LLC

Address 875 Third Avenue, New York, NY 10022

Contact Brad Rudner

Phone 212-201-2532


Product Aetos Capital Growth Portfolio

Asset Class Hedge Fund of Funds

Market Value

Quartery Fees $291,031

Service Investment Manager - Hedge Fund of Funds

Conditions Management Fee: 0.75%

Incentive Fee: 10% of profits

Hurdle Rate: 3 month T-bills

High Water Mark: Yes

Management fees are accrued and paid monthly by the Aetos Capital Funds. Incentive fees are accrued

monthly and charged annually to each client account.

2012:Q2

Manager Angelo, Gordon & Co.

Address 245 Park Avenue, 26th Floor

Contact Aliana Spungen

Phone 212-692-8267


Product AG Core Plus Realty Fund II, L.P.

Asset Class Real Estate

Market Value


Service All investment and investment management decisions to be undertaken on behalf of the Partnership, and

management and administration of the affairs of the Partnership.

Conditions (a) Management fees: During the commitment period, 0.5% of unfunded capital plus 0.5% of gross asset cost

(not to exceed 1.25% of net funded capital), thereafter 0.5% of gross asset cost (not to exceed 1.25% of net

funded capital), and (b) Incentive fees: 15% to Angelo, Gordon, subject to an 8% cumulative preferred return to

the investors and a 50% catch-up.

2012:Q2

Manager ARES Management LTD

Address 1 Knightsbridge, 3rd Floor, London, SW1X 7LX

Contact Samia Behan

Phone + 44 207 259 3030


Product Apollo European Real Estate Fund III, L.P.


Market Value


Service Discretionary asset management

Conditions From 28 January 2012, the management fee base changes to the aggregate amount of capital contributions

less return of capital distributions as the Fund’s commitment period ended on 27 January 2012.

2012:Q2

Manager Ariel Investments

Address 200 East Randolph Street, Suite 2900, Chicago, IL 60601

Contact Mellody Hobson, President

Phone (312) 726-0140

Email [email protected]; [email protected]

Product Ariel Small/Mid Cap Value Product

Asset Class U.S. Domestic Equity Small/Mid Cap Value

Market Value


Service Investment Management

Conditions Fees are based on an annual rate of 0.60% on all assets.

2012:Q2

Manager Artisan Partners Limited Partnership

Address 875 E. Wisconsin Avenue, suite 800, Milwaukee, WI 53202

Contact Jodi Helffenstein

Phone (415) 283-2443


Product Artisan Non-US Growth

Asset Class Separate Account

Market Value



Conditions The investment management fee for Artisan Partners' services shall be payable quarterly in arrears, and

calculated on the average monthly market value of the Account for each quarter, at the following annual rates:

0.80% on assets up to $50 million;

0.60% on assets in excess of $50 million

The fee for any partial quarter shall be prorated, based on the number of days during the quarter on which

services were provided.

*Please refer to the investment management agreement for further details

2012:Q2

Manager Capital Guardian Trust Company

Address 333 S. Hope Street, Los Angeles, CA 90071

Contact Michael Consorte

Phone 212-649-1595


Product International All Countries Equity

Asset Class Equity

Market Value


Service Investment management

Conditions N/A

2012:Q2

Manager The Carlyle Group

Address 1001 Pennsylvania Ave, NW, Washington, DC 20004-2505

Contact Ryan Berland

Phone 202-729-5046


Product Carlyle Infrastructure Partners, L.P.

Asset Class Infrastructure

Market Value


Service

Conditions

2012:Q2

Manager CBRE Clarion Securities

Address 201 King of Prussia Road, Suite 600 Radnor, PA 19087

Contact Mark Babiec

Phone 610-995-8980


Product Global Real Estate Securities Strategy

Asset Class Global Real Estate - Equity

Market Value


Service Investment advisory services

Conditions Management fees calculated in accordance with the Investment Management Agreement

2012:Q2

Manager Dearborn Partners, LLC

Address 200 W. Madison Street, Suite 1950, Chicago, IL 60606

Contact Calvin Pedersen, Managing Director and Jeff Simmons, Managing Director

Phone 312/ 795-5343

Email [email protected], [email protected], [email protected]

Product Core Bond / Benchmarked Barclays Aggregate

Asset Class Fixed Income

Market Value


Service Actively managed Fixed Income portfolio.

Conditions 0.002

2012:Q2

Manager Denali Advisors, LLC

Address 5075 Shoreham Place, Suite 270, San Diego, CA 92122

Contact Luan Dinh

Phone 858-320-4166


Product DNVHIC

Asset Class US Equities, LCV

Market Value


Service Asset Management

Conditions The fee is based on assets under management at quarter end

2012:Q2

Manager DRA Advisors LLC

Address 220 East 42nd Street New York, NY 10017

Contact Diana Tully

Phone 2126974740


Product DRA Growth & Income Fund VI, LLC


Market Value


Service Real estate fund investment management.

Conditions The advisory fee is based on a percentage of the cost of real estate owned by the Fund and is charged

quarterly in arrears. After the Fund's investors achieve certain performance hurdles, the managing member is

entitled to a percentage of distributions.

2012:Q2

Manager Global Infrastructure Partners

Address 12 East 49th Street, New York, NY 10017

Contact Jason Baer

Phone 212-315-8132


Product Global Infrastructure Partners

Asset Class Infrastructure

Market Value

Quartery Fees

Service

Conditions

2012:Q2

Manager GMO, LLC

Address 40 Rowes Wharf

Contact Molly Manning

Phone 617-346-7580


Product GMO Global Asset Allocation Fund

Asset Class Asset Allocation - equities, fixed income and cash

Market Value

Quartery Fees

Service The GMO Global Asset Allocation Strategy invests in GMO strategies (underlying stock, bond, etc., strategies).

Depending upon the current valuation assessment of the global marketplace the GMO Global Asset Allocation

Strategy may own different proportions of underlying strategies at different times. The Strategy attempts to

rebalance opportunistically when the investment outlook has changed, when cash flows occur, or when there

has been a significant change in market valuation levels. The GMO Global Asset Allocation Strategy seeks to

outperform its benchmark by 2%-3% per annum with low risk relative to its benchmark. The Strategy uses both

top-down and bottom-up valuation methodologies to value asset classes, countries, and individual securities in Conditions Please refer to attached GMO Trust Prospectus dated June 30, 2012.

2012:Q2

Manager Great Lakes Advisors, LLC

Address 222 S. Riverside Plaza, Suite 2800

Contact Mike Howard

Phone 312-553-3745


Product Large Cap Value Equity

Asset Class Value Equity

Market Value


Service Investment management fees

Conditions Investment management fees are based on the ending market value of assets under management for the

previous quarter. The fee schedule for the Policemen's Annuity Fund is as follows: First $50M at 35 basis

points; $50M to $150M at 25 basis points; $150M to $200M at 15 basis points and over $200M at 10 basis

points. Great Lakes Advisors does not accept performance based fees or utilize hurdle rates, high water

marks or claw backs.

2012:Q2

Manager HarbourVest Partners LLC

Address One Financial Center, Boston, MA 02111

Contact Thomas Conroy

Phone 617-348-3707


Product HarbourVest Partners V Disrect Fund L.P.


Market Value

Quartery Fees

Service N/A

Conditions N/A

2012:Q2

Manager Holland Capital Management LLC

Address 303 West Madison, Suite 700 Chicago, IL 60606

Contact Valerie King

Phone 312-553-4831


Product Large Cap Growth Equity

Asset Class Equity

Market Value


Service Large Cap Growth investment advisory services

Conditions Fees are computed and billed at the close of each calendar quarter and are based upon the market values of

the assets under management as dtermined by Holland Capital Management LLC. Market value is defined as

the average of the three month-end values for the quarter being billed. If any additionas to or withdrawals

from the assets of the account occur during any month in which this Agreement is in effect, the asset value

utilized for the fee calculation may be adjusted to pro-rate additions and withdrawals that occured during such

month.

2012:Q2

Manager J.P. Morgan Investment Management Inc.

Address 575 Washington Boulevard - 10th Floor, Jersey City, NJ 07014

Contact Melia J. Dowe

Phone 201-595-1510


Product Eafe Plus

Asset Class International equities

Market Value


Service J.P. Morgan Investment Management Inc. operates as an investment advisor managing an EAFE Plus

separately managed equity portfolio for the Chicago Police.

Conditions J.P. Morgan Investment Management Inc. charges an investment management fee on a sliding asset scale

calculated as of the last business day of each calendar quarter-end based on the average of J.P. Morgan

Investment Management Inc. three month-end market values. The market values are adusted to pro-rate any

contributions or withdrawals that occurred during the billing period when the daily sum exceeds the greater of $

1million or 2% of the portfolio's market value. Any mutual funds held in the portfolio are excluded from the

market value.

2012:Q2

Manager K2 Advisors LLC

Address 300 Atlantic Street, 12th Floor Stamford, CT 06901

Contact Joe Hernandez

Phone 203-905-5385


Product K2 Overseas Investors I, Ltd.

Asset Class Fund of Hedge Funds

Market Value



Conditions Management fees are accrued monthly and paid to K2 quarterly, in advance.

2012:Q2

Manager LM Capital Group, LLC

Address 401 B Street, Suite 950 San Diego, CA 92101

Contact Jennifer Sturak, Vice President, Client Service

Phone (619) 814-1401, ext 118


Product Opportunistic Core (Core Plus)


Market Value


Service LM Capital Group, LLC provides investment management services to the Policemen's Annuity and Benefit

Fund of Chicago for an Opportunistic Core (Core Plus) fixed income account.

Conditions LM Capital Group's investment service fee is dependent upon the portfolio investment objective and the

amount of assets in the account. Fees are billed on a quarterly basis. The firm does not participate in soft

dollar arrangements or wrap fee programs. Additionally, LM Capital Group does not compensate any

individuals or entities for the referral of advisory clients to the firm.

2012:Q2

Manager Lone Star Funds

Address 2711 North Haskell, Suite 1700, Dallas, TX 75204

Contact Kevin Carlson

Phone 214-754-8475


Product Lone Star Fund VI (U.S.), L.P.


Market Value


Service Direct fees above represent the portion of Fund VI management fee allocated to Chicago - PABF for the

quarter ended March 31, 2013. The year to date management fee allocation is $3,845.

Additionally, based on achieving certain performance targets, the general partner may become eligible to

receive a carried interest payment. As of March 31, 2013, carried interest payments to the general partner

totaled $165,490.

Conditions The management fee is charged during the Investment Period at a rate of 1.50% per annum on the average

Outstanding Committed Capital balance, and subsequent to the Investment Period at a rate of 1.00% per

annum on the average Outstanding Contributed Capital balance. The Investment Period ended on December

1st, 2009 as a result of a First Close of a subsequent Fund.

2012:Q2

Manager Lone Star Funds

Address 2711 North Haskell, Suite 1700, Dallas, TX 75204

Contact Kevin Carlson

Phone 214-754-8475


Product Lone Star Real Estate Fund (U.S.), L.P.


Market Value


Service Direct fees above represent the portion of the Real Estate Fund management fee allocated to Chicago - PABF

for the quarter ended March 31, 2013. The year to date management fee allocation is $5,005.

Additionally, based on achieving certain performance targets, the general partner may become eligible to

receive a carried interest payment. As of March 31, 2013, there have been no carried interest payments to the

general partner.

Conditions The management fee is charged during the Investment Period at a rate of 1.50% per annum on the average

Outstanding Committed Capital balance, and subsequent to the Investment Period at a rate of 1.00% per

annum on the average Outstanding Contributed Capital balance. The Investment Period ended on December

1st, 2009 as a result of a First Close of a subsequent Fund.

2012:Q2

Manager MGPA Ltd

Address 60 Sloane Avenue, London, SW3 3XB, UK (address of contact person below)

Contact Oscar Bergman

Phone +44 20 7591 5461


Product MGPA Asia Fund III, L.P.

Asset Class Limited Partnership

Market Value


Service In Q1 2013 Management fees, debt financing fees and Development Managements fees were charged to

Chicago Police.

Management fees are payable to the General Partner.

Debt financing fees are charged for debt placement services that are preformed for individual projects that are

in addition to the services included in the Management fee.

Development fees are charged for development services that are preformed for individual projects that are in

addition to the services included in the Management fee.Conditions Management fees are charged at a rate of 100bps on capital commitment plus 100bps on Adjusted Net Assets

during Investment period, and management fees are charged at a rate of 200bps on Adjusted Net Assets post

Investment period.

Debt financing fees vary from project to project.

Development fees vary from project to project. The total amount charged is disclosed in the audited Q4

financial statements.

2012:Q2

Manager McKinley Capital Management, LLC

Address 3301 C Street, Suite 500, Anchorage, AK 99503

Contact Steve Herbert

Phone 203-202-2113


Product Non-U.S. Growth

Asset Class Equity

Market Value


Service Asset Managmement

Conditions Fee schedule below is billed quarterly in arrears:

.75% for the first $10 million

.65% for the next $15 million



2012:Q2

Manager Mesa West Capital, LLC

Address 11755 Wilshire Blvd, Ste 2100 Los Angeles, CA 90025

Contact Tom Hester

Phone 310-806-6322


Product Mesa West Real Estate Income Fund II, LP

Asset Class Value-add Real Estate Debt

Market Value


Service Management of private equity investment funds investing primarily in commercial mortgage loans, and

commercial mortgage-related investments to a lesser degree.

Conditions 1.4% annual management fee on committed capital, with the fee adjusted downward by the amount of any

allocated placement agent fees paid by the investment fund on behalf of the firm.

2012:Q2

Manager Mesirow Financial Private Equity

Address 353 N. Clark Street

Contact Anne Lanser

Phone 312-595-6920


Product Mesirow Financial Private Equity Partnership Fund III, L.P.


Market Value


Service The quarterly fees are payment for the management of the client's private equity commitment to Mesirow

Financial Private Equity Partnership Fund III, L.P.

Conditions Managment fees are charged as a percentage of committed capital in accordance with the Limited Partnership

Agreement. The initial blended management fee rate was 85 bps per year on committed capital of $20 million.

Effective July 1, 2012, the annual 10% management fee reduction commenced and the current blended rate is

76.5 bps of committed capital.

2012:Q2

Manager Mesirow Financial Private Equity

Address 353 N. Clark Street, Chicago, IL 60654

Contact Anne Lanser

Phone 312-595-6920


Product Mesirow Financial Private Equity Partnership Fund IV, L.P.


Market Value


Service The quarterly fees are payment for the management of the client's private equity commitment to Mesirow

Financial Private Equity Partnership Fund IV, L.P.

Conditions Managment fees are charged as a percentage of committed capital in accordance with the Limited Partnership

Agreement. The client is charged a blended rate of 93.75 bps per year on committed capital of $20 million.

2012:Q2

Manager Mesirow Financial

Address 353 North Clark Street - 15th Floor; Chicago, IL 60654

Contact John Pierson

Phone (312) 595-7848


Product Mesirow Financial Real Estate Value Fund, L.P.

Asset Class Real Estate - Value Add

Market Value


Service Asset management fees

Conditions In accordance with the LPA, during the Investment Period, the GP will receive directly from each LP an annual

asset management fee, paid quarterly in arrears, calculated at 1.5% per annum of such LP's aggregate Capital

Commitment. After the Investment Period, the GP will receive directly from each LP an annual asset

management fee in an amount equal to 1.5% per annum of such LP's aggregate Invested Capital for all non-

liquidated Portfolio Investments. Distributable Proceeds (DP), as defined, are initially apportioned among the

LPs and the GP in proportion to their percentage interests. The amount initially apportioned to the GP will be

distributed to the GP. After the return of capital to the LPs, the LPs receive a 9% preferred return compounded

annually. Thereafter, DP are allocated 50% to the LPs and 50% to the GP as a catch-up unitl the GP receives

20% of all distributions made to the LPs. Thereafter, the remaining DP shall be distributed 80% to the LPs and

20% to the GP.

2012:Q2

Manager Montag & Caldwell, LLC

Address 3455 Peachtree Road, NE Suite 1200 Atlanta GA 30326

Contact Jim Deming

Phone 404-836-7122


Product M&C Large Cap Growth

Asset Class Large Cap Growth

Market Value


Service Manage large cap growth assets for Retirement Plan Policemen's Annuity & Benefit Fund City of Chicago since

December 1996

Conditions Follow fee schedule in place since inception

2012:Q2

Manager Morgan Stanley Real Estate

Address 1585 Broadway - 37th Floor, New York, NY 10019

Contact MSRE Investor Services

Phone


Product MSREF VI International


Market Value


Service Management of Morgan Stanley Real Estate Fund VI International

Conditions Management Fees- 2.0% for Limited Partners with commitment less than $25 million; 1.5% for greater than

$25 million but less than $150 million; 1.0% for major Limited Partners with $150 million or more

Acquisition Fees- Lesser of 1.0% of gross value of consideration paid or 5% of the equity capital

Incentive Fees- 100% to Investor until distributions received are equal to capital contributions plus a 9%

preferred return and closed investment shortfalls; Next, 60% to the GP and 40% to the LP until the GP

receives 20% of profits to date. Thereafter, LP receive distributions and allocation on an 80%/20% basis.

2012:Q2

Manager Morgan Stanley Real Estate Advisor, Inc.

Address 1585 Broadway - 37th Floor, New York, NY 10019

Contact MSRE Investor Services

Phone


Product Prime Property Fund, LLC

Asset Class Core Real Estate

Market Value


Service N/A

Conditions N/A

2012:Q2

Manager Muller & Monroe Asset Management, LLC

Address 180 N. Stetson Ave. Suite 1320, Chicago, IL 60601

Contact Darius Grandberry

Phone 312.782.1074


Product Illinois Private Equity Fund of Funds, L.P.


Market Value


Service Illinois Private Equity Fund of Funds, LP (the “Partnership”) is a fund-of-funds that invests in venture capital,

buyout and other private equity funds. Illinois Private Equity Fund of Funds G.P., LLC, ("ILPEFF GP"), a

Delaware limited liability company, serves as the General Partner of the Partnership. Muller & Monroe Asset

Managment, LLC owns a majority interest of ILPEFF GP and serves as the management company to the

Partnership in which capacity it provides investment advice and investment management services to the

Partnership.

Conditions Annual management fees are equal to 1% of aggregate commitments until December 1, 2009. Thereafter

annual management fees shall equal 1% of the net invested capital of the Partnership. As of March 31,2013,

the net invested capital of the Partnership equals $47,327,339 . Amounts distributed to partners of the

Partnership from distributions made to the Partnership from its portfolio funds are subject to recall from the

Partnership in the event a portfolio funds recalls such amount from the Partnership.

In addition to the management fee detailed above, ILPEFF GP shall receive a carried interest of 5% of the

distributions after all capital has been returned to the partners of the Partnership and an 8% preferred return

has been paid on the capital contributed by the partners of the Partnership.

The Partnership shall pay all expenses attributable to the Partnership unless otherwise noted by the

Agreement of Limited Partnership of the Partnership.

2012:Q2

Manager Muller & Monroe Asset Management, LLC

Address 180 N Stetson Ave, Suite 1320, Chicago, IL 60601

Contact Darius Grandberry

Phone 312.782.1074


Product M2 Private Equity Fund of Funds, L.P.


Market Value


Service M2 Private Equity Fund of Funds, LP (the “Partnership”) is a fund-of-funds that invests in venture capital,

buyout and other private equity funds. M2 PEFF G.P., LLC ("M2PEFF GP"), a Delaware limited liability

company, serves as the General Partner of the Partnership. Muller & Monroe Asset Managment, LLC owns a

majority interest of M2PEFF GP and serves as the management company to the Partnership in which capacity

it provides investment advice and investment management services to the Partnership.

Conditions Annual management fees are equal to 1% of the aggregate commitments of the partners to the Partnership

(the "Total Commitments") until December 18, 2011. Total Commitments as of March 31, 2013 equal

$95,950,000. The management fees after December 18, 2011 are determined as follows: (i) on and after

December 18, 2011, the Management Fee shall equal .9% of the Total Commitments, (ii) on and after

December 18, 2012, the Management Fee shall equal .8% of the Total Commitments, (iii) on and after the

December 18, 2013, the Management Fee shall equal .7% of the Total Commitments, (iv) on and after

December 18, 2014, the Management Fee shall equal .6% of the Total Commitments, (v) on and after

December 18, 2015, the Management Fee shall equal .5% of the Total Commitments, (vi) on and after

December 18, 2016, the Management Fee shall equal .4% of the Total Commitments, (vii) on and after

December 18, 2017, the Management Fee shall equal .3% of the Total Commitments, (viii) on and after

December 18, 2018, the Management Fee shall equal .2% of the Total Commitments.

Amounts distributed to partners of the Partnership from distributions made to the Partnership from its portfolio

funds are subject to recall from the Partnership in the event a portfolio funds recalls such amount from the

Partnership.

In addition to the management fee detailed above, M2PEFF GP shall receive a carried interest of 5% of the

distributions after all capital has been returned to the partners of the Partnership and an 8% preferred return

has been paid on the capital contributed by the partners of the Partnership.

The Partnership shall pay all expenses attributable to the Partnership unless otherwise noted by the

Agreement of Limited Partnership of the Partnership.

2012:Q2

Manager Northern Trust

Address 50 S. LaSalle Street

Contact James Dominguez

Phone 312-557-3391


Product Northern Trust Russell 1000 Index Fund - Non Lending

Asset Class Russell 1000

Market Value


Service

Conditions

2012:Q2

Manager Oaktree Capital Management, L.P.

Address 333 S. Grand Ave., 28th Floor; Los Angeles, CA 90071

Contact Jodi Meadow

Phone 213-830-6790


Product Oaktree Senior Loan Fund, L.P.

Asset Class U.S. Senior Loans

Market Value


Service Investment management of the Oaktree Senior Loan Fund, L.P.

Conditions The Fund pays Oaktree, as investment manager of the Fund, a management fee (the “Management Fee”)

equal to 0.50% per annum of the Fund’s Net Asset Value, excluding the Net Asset Value attributable to the

capital account of the General Partner. The Management Fee will be paid quarterly in advance. Please refer to

the Fund's LPA for further details.

2012:Q2

Manager SEI Trust Company

Address 1 Freedom Valley Drive Oaks, PA 19456

Contact Tamara McManus

Phone 610-676-1538


Product PIMCO All Asset Collective Trust

Asset Class Collective Investment Trust

Market Value

Quartery Fees

Service In its capacity as trustee, the Trustee is responsible for the overall management of the Trust, including the

investment management and custody of the Trust’s assets, retention of investment advisers to assist the

Trustee in managing the Trust’s assets, and Trust administration.

Conditions Each Participating Plan invested in the Trust shall pay a fee for the Trustee’s services (the “Management Fee”)

based on such Participating Plan’s assets invested in each of the Funds that comprise the Trust.The

Management Fee will be accrued at a daily rate and paid monthly in arrears from the Participating Plan’s

assets invested in the Trust. All expenses for fiduciary services provided by the Trustee and investment

advisory and administrative services provided by PIMCO (the “Adviser”), will be paid from the Management

Fee.

2012:Q2

Manager Quadrant Real Estate Advisors

Address 12735 Morris Road, Suite 100, Alpharetta GA 30004

Contact Jessica Eggins

Phone 770-752-6717


Product Quadrant Fund - Open-ended commingled commercial real estate fund

Asset Class Commercial Real Estate Fund

Market Value


Service Investment Manager of Quadrant Fund

Conditions Asset Management Fee of 90 basis points calculated monthly based on Net Asset Value; no other advisory

fees are charged. Fund operating expenses (i.e., audit, tax, custodian, etc.) are capped at 25 basis points per

annum.

2012:Q2

Manager RCP Advisors, LLC

Address 100 N. Riverside Plaza, Suite 2400 Chicago, IL 60606

Contact Debbie Mize

Phone 312-229-4129


Product RCP Fund VI, LP

Asset Class Private Equity Fund-of-Fund

Market Value


Service RCP Advisors makes private equity investments on behalf of private and institutional investors. RCP Fund VI is

a private equity fund-of-funds focused on the U.S. Small / Middle Market Buyout sector. The Fund invested in

15 fund partnerships diversified across industry, style, geography, maturity and size.

Conditions RCP Fund VI charged .25% management fees in Q1 2013 (1% per year charged quarterly). Additional ongoing

expenses were charged for the quarter. Fees & expenses charged to RCP Fund VI are passed through to each

investor based on their commitment amount.

2012:Q2

Manager Shamrock Capital Advisors, Inc.

Address 4444 W. Lakeside Drive

Contact George Buchler

Phone 818-973-4222


Product Shamrock-Hostmark Hotel Fund, LP

Asset Class Hotels

Market Value

Quartery Fees

Service The Fund focuses on the acquisition, redevelopment, renovation and management of hotel and hospitality

properties in the United States.

Conditions Fund expenses are recorded when incurred. Management fees are equal to 1.5% of total capital commitments

less capital contributions already returned and undrawn capital, with the exception of (i) existing capital

commitments, in writing, to be invested in a portfolio project and (ii) amounts reserved for partnership

expenses.

2012:Q2

Manager Taplin Canida & Habacht, LLC

Address 1001 Brickell Bay Drive, Suite 2100, Miami, FL 33131

Contact Alissa Barrios/Carla Kuru

Phone 305-379-2100

Email [email protected]/[email protected]

Product Core Fixed Income


Market Value


Service Investment Advisory

Conditions N/A

2012:Q2

Manager UBS Global Asset Management (Americas) Inc.

Address UBS Tower - One North Wacker Dr. Chicago, IL 60606

Contact Brandon Melbye

Phone 312.525.7126


Product UBS Global exUS ACWI Equity

Asset Class Global exUS ACWI Equities

Market Value


Service US Global exUS ACWI equities discretionary investment management services.

Conditions The method used for calculating our invesment management fees is described in detail in the Investment

Management Agreement between our two organizations. The following is a brief description of the

methodology. Fees shall be paid quarterly in arrears based on the market value of the account at the end of

the quarter. Fees shall be appropriately prorated in the event any significant withdrawals from or contributions

to the account occur duing a quarter. The account shall be elifible for a relationship discount of 15% which shall

be applied to the total Investment Management Fee for so long as the Policeman's Annuity & Benefit Fund of

The City of Chicago maintains more than one account with the Investment Manager.

2012:Q2

Manager Wellington Management Company, LLP

Address 280 Congress Street, Boston Massachusetts 02110

Contact Michelle Hunter

Phone (312) 845-1402


Product Core Bond Plus


Market Value


Service We manage money in the Core Bond Plus investment style. The performance objective of the Portfolio is to:

(1) Exceed the rate of return of the LB Aggregate Bond Index over reasonable measurement periods, net of

fees. (2) Achieve an above-median ranking within a universe of fixed-income funds.

Conditions Fee Schedule: First $100m 30 bps; Over $100m 15 bps

2012:Q2

Manager Wells Capital Management

Address 525 Market Street, San Francisco, CA 94105

Contact Sandra M. Willen, CFA

Phone 213-253-3131


Product Montgomery Core Fixed Income

Asset Class Core Fixed Income

Market Value


Service Wells Capital Management's Montgomery Fixed Income team manages a core fixed income portfolio for the

Policemen's Annuity and Benefit Fund City of Chicago.

Conditions The investment management fee will be calculated by Adviser and billed quarterly in arrears on the average

monthly market value of the Account. Market value on any date is equal to the sum of the market values on all

securities plus cash held in the Account. The average monthly market value of the Account will be calculated

as the sum of the market value at the end of each month of the quarter divided by three. Payment is due within

thirty days of receipt of invoice.

2012:Q2

Manager William Blair & Company

Address 222 W. Adams St., Chicago, IL 60606

Contact Alex Schneider

Phone 312-364-8960


Product International Growth

Asset Class Non-US Equity

Market Value


Service Investment Management Services - International Growth

Conditions Chicago Police International Growth Fee Schedule

0.800% 20,000,000.00

0.600% 30,000,000.00

0.500% 50,000,000.00

0.450% 50,000,000.00

Credit

-Investment in

Em. Growth Fund

-5% Discount

0.568%

2012:Q2

Manager William Blair & Company

Address 222 W. Adams St., Chicago, IL 60606

Contact Alex Schneider

Phone 312.364.8960


Product SMID Growth

Asset Class US Equity

Market Value


Service Investment Management services- US Equity (SMID Growth)

Conditions Chicago Police SMID Growth Fee Schedule

0.950% 10,000,000.00

0.800% 20,000,000.00

0.750% 20,000,000.00

0.700% 50,000,000.00

0.650% 100,000,000.00

2012:Q2

Manager Invesco

Address 1166 Avenue of the Americas, New York, NY 10036

Contact Dyice Ellis-Beckham

Phone (212) 278-9108


Product INVESCO Partnership Fund IV, LP

Asset Class Private Equity Fund of Funds

Market Value


Service Invesco Partnership Fund IV is a global private equity fund os funds consisting of three Sector Funds - Invesco

U.S. Venture Partnership Fund IV (“IVP4”), Invesco U.S. LBO & Corporate Finance Partnership Fund IV

(“IUS4”) and Invesco International Partnership Fund IV (“INUS4”). IVP4 invests in venture capital funds,

including both U.S. and international funds focusing on both early and later-stage venture capital investments.

IUS4 invests U.S. private equity funds, including small, mid-size and large domestic buyout funds. INUS4

invests in non-U.S. private equity funds, including non-U.S. buyouts, expansion capital, turnaround, mezzanine

and distressed investment partnerships.Conditions Management Fee: Per the Policement's Annuity & Benefit Fund side letter agrement, the management fee is

75 basis points per annum on aggregate capital commitments paid quarterly in advance.

Carried Interest: No carried interest on primary partnership investments. 10% carried interest on secondary

partnership investments.

Hurdle Rate: Although there is no hurdle rate, carried interest on secondary partnership investments is not paid

until all committed capital has been returned to Limited Partners.

GP Giveback: If, upon liquidation of a Fund, the General Partner has received distributions with respect to its

carried interest on secondary partnership investments that exceed 10% of

the Fund’s cumulative net profits from secondary interests, then the General Partner shall return to the Fund

the lesser of (1) the amount of such excess and (2) the amount of distributions (other than tax distributions)

received by the General Partner with respect to its carried interest from secondary interests.

2012:Q2

Manager Newport Capital Partners

Address 5215 Old Orchard Road, Suite 970, Skokie, IL 60077

Contact Thru Shivakumar

Phone 847.324.7790 ext. 205


Product

Asset Class Real Estate Direct Investments

Market Value


Service General Partner of DV Urban Realty Fund 1

Conditions Fixed Fee

2012:Q2

Manager EII Realty Securities, Inc.

Address 640 Fifth Avenue, New York, NY 10019

Contact Lynn Marinaccio

Phone 212-735-9582


Product E.I.I. World Fund

Asset Class Global Real Estate Securities

Market Value


Service

Conditions

2012:Q2

Manager Adams Street Partners - Chicago Police Pension Fund

Documents

Transcript of Manager Adams Street Partners - Chicago Police Pension Fund