Adams Street Partners. John Gray. Adams Street Partnership Funds. Private Equity

Manager Adams Street Partners Address 1 N. Wacker Dr. Suite 2200 Chicago IL 60606 Contact John Gray Phone 312-553-8482 Email [email protected]
Author: Lambert Jordan
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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

Email

[email protected]

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

Email

[email protected]

Product

AG Core Plus Realty Fund II, L.P.

Asset Class

Real Estate

Market Value

Quartery Fees

$102,668

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

Email

[email protected]

Product

Apollo European Real Estate Fund III, L.P.

Asset Class

Real Estate

Market Value

Quartery Fees

$28,545

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

Quartery Fees

$15,658

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

Email

[email protected]

Product

Artisan Non-US Growth

Asset Class

Separate Account

Market Value

Quartery Fees

$152,438

Service

Investment Management

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

Email

[email protected]

Product

International All Countries Equity

Asset Class

Equity

Market Value

Quartery Fees

$131,911

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

Email

[email protected]

Product

Carlyle Infrastructure Partners, L.P.

Asset Class

Infrastructure

Market Value

Quartery Fees

$88,971

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

Email

[email protected]

Product

Global Real Estate Securities Strategy

Asset Class

Global Real Estate - Equity

Market Value

Quartery Fees

$19,871

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

Quartery Fees

$54,303

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

Email

[email protected]

Product

DNVHIC

Asset Class

US Equities, LCV

Market Value

Quartery Fees

$39,619

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

Email

[email protected]

Product

DRA Growth & Income Fund VI, LLC

Asset Class

Real Estate

Market Value

Quartery Fees

$16,867

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

Email

[email protected]

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

Email

[email protected]

Product

GMO Global Asset Allocation Fund

Asset Class

Asset Allocation - equities, fixed income and cash

Market Value

Quartery Fees

Service

Conditions

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 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

Email

[email protected]

Product

Large Cap Value Equity

Asset Class

Value Equity

Market Value

Quartery Fees

$119,407

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

Email

[email protected]

Product

HarbourVest Partners V Disrect Fund L.P.

Asset Class

Private Equity

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

Email

[email protected]

Product

Large Cap Growth Equity

Asset Class

Equity

Market Value

Quartery Fees

$62,841

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

Email

[email protected]

Product

Eafe Plus

Asset Class

International equities

Market Value

Quartery Fees

$186,481

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

Email

[email protected]

Product

K2 Overseas Investors I, Ltd.

Asset Class

Fund of Hedge Funds

Market Value

Quartery Fees

$141,059

Service

Investment Management

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

Email

[email protected]

Product

Opportunistic Core (Core Plus)

Asset Class

Fixed Income

Market Value

Quartery Fees

$23,715

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

Email

[email protected]

Product

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

Asset Class

Private Equity

Market Value

Quartery Fees

$3,845

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

Email

[email protected]

Product

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

Asset Class

Private Equity

Market Value

Quartery Fees

$5,005

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

Email

[email protected]

Product

MGPA Asia Fund III, L.P.

Asset Class

Limited Partnership

Market Value

Quartery Fees

$25,059

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. 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.

Conditions

2012:Q2

Manager

McKinley Capital Management, LLC

Address

3301 C Street, Suite 500, Anchorage, AK 99503

Contact

Steve Herbert

Phone

203-202-2113

Email

[email protected]

Product

Non-U.S. Growth

Asset Class

Equity

Market Value

Quartery Fees

$104,117

Service

Asset Managmement

Conditions

Fee schedule below is billed quarterly in arrears: .75% for the first $10 million .65% for the next $15 million .60% for the next $25 million .50% for the next $100 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

Email

[email protected]

Product

Mesa West Real Estate Income Fund II, LP

Asset Class

Value-add Real Estate Debt

Market Value

Quartery Fees

$55,876

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

Email

[email protected]

Product

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

Asset Class

Private Equity

Market Value

Quartery Fees

$38,250

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

Email

[email protected]

Product

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

Asset Class

Private Equity

Market Value

Quartery Fees

$46,875

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

Email

[email protected]

Product

Mesirow Financial Real Estate Value Fund, L.P.

Asset Class

Real Estate - Value Add

Market Value

Quartery Fees

$37,500

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 nonliquidated 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

Email

[email protected]

Product

M&C Large Cap Growth

Asset Class

Large Cap Growth

Market Value

Quartery Fees

$37,407

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

Email

[email protected]

Product

MSREF VI International

Asset Class

Private Equity

Market Value

Quartery Fees

$3,710

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

Email

[email protected]

Product

Prime Property Fund, LLC

Asset Class

Core Real Estate

Market Value

Quartery Fees

$41,867

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

Email

[email protected]

Product

Illinois Private Equity Fund of Funds, L.P.

Asset Class

Private Equity

Market Value

Quartery Fees

$20,480

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

Email

[email protected]

Product

M2 Private Equity Fund of Funds, L.P.

Asset Class

Private Equity

Market Value

Quartery Fees

$30,000

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

Email

[email protected]

Product

Northern Trust Russell 1000 Index Fund - Non Lending

Asset Class

Russell 1000

Market Value

Quartery Fees

$23,654

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

Email

[email protected]

Product

Oaktree Senior Loan Fund, L.P.

Asset Class

U.S. Senior Loans

Market Value

Quartery Fees

$48,144

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

Email

[email protected]

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

Email

[email protected]

Product

Quadrant Fund - Open-ended commingled commercial real estate fund

Asset Class

Commercial Real Estate Fund

Market Value

Quartery Fees

$13,669

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

Email

[email protected]

Product

RCP Fund VI, LP

Asset Class

Private Equity Fund-of-Fund

Market Value

Quartery Fees

$164,594

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

Email

[email protected]

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

Asset Class

Fixed Income

Market Value

Quartery Fees

$33,952

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

Email

[email protected]

Product

UBS Global exUS ACWI Equity

Asset Class

Global exUS ACWI Equities

Market Value

Quartery Fees

$176,430

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

UBS Global Asset Management (Americas) Inc.

Address

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

Contact

Brandon Melbye

Phone

312.525.7126

Email

[email protected]

Product

UBS Global exUS ACWI Equity

Asset Class

Global exUS ACWI Equities

Market Value

Quartery Fees

$176,430

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

Email

[email protected]

Product

Core Bond Plus

Asset Class

Fixed Income

Market Value

Quartery Fees

$130,979

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

Email

[email protected]

Product

Montgomery Core Fixed Income

Asset Class

Core Fixed Income

Market Value

Quartery Fees

$121,911

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

Email

[email protected]

Product

International Growth

Asset Class

Non-US Equity

Market Value

Quartery Fees

$105,743

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

Email

[email protected]

Product

SMID Growth

Asset Class

US Equity

Market Value

Quartery Fees

$200,666

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

Email

[email protected]

Product

INVESCO Partnership Fund IV, LP

Asset Class

Private Equity Fund of Funds

Market Value

Quartery Fees

$93,750

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. 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.

Conditions

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

Email

[email protected]

Product

Asset Class

Real Estate Direct Investments

Market Value

Quartery Fees

$42,266

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

Email

[email protected]

Product

E.I.I. World Fund

Asset Class

Global Real Estate Securities

Market Value

Quartery Fees

$15,157

Service

Conditions

2012:Q2

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