FOIA Request - Investments (Genesee County Employees' Retirement System)

To Whom It May Concern:

I hope this finds you well. I am currently seeking updated quarterly performance data from your plan’s alternative asset holdings for the following date(s): 3Q 2020.

As always, thank you in advance for the time you take in sending me the responsive documents, and below follows the formal request:

On behalf of PitchBook Data, Inc., under Michigan Freedom of Information Act, I request a copy of the quarterly public records from 3Q 2020 for the following information, preferably in Excel or PDF format.

1. Names and vintage years of all private equity, venture capital, mezzanine, distressed, real estate/REIT, debt and infrastructure partnerships in Genesee County Employees' Retirement System's portfolio.
2. Commitments made to each partnership.
3. Contributions drawn down since inception.
4. Distributions made to Genesee County Employees' Retirement System to date by each individual partnership.
5. Net Asset Value of each partnership.
6. Internal rates of return (IRRs) for each partnership with and without the use of credit facility. Please note if the IRRs are not net.
7. Investment multiple (TV/PI) for each individual partnership.
8. The dollar amount of “total management fees and costs paid” for each individual partnership.
9. Date as of which all the above data was calculated.
10. Names of all alternative asset partnerships partially and fully sold by Genesee County Employees' Retirement System, including date of sale.
11. For each fund, please indicate whether or not the fund uses Subscription Credit Facilities.

I also request a copy of any disclosable documents which contain some or all of the following information:
12. Names of all hedge fund holdings (including hedge fund of funds) in Genesee County Employees' Retirement System's portfolio.
13. Month by Month Market Value for each hedge fund holding (including hedge fund of funds) since Genesee County Employees' Retirement System's initial investment up to 3Q 2020.
14. Month by Month Contributions to each hedge fund holding (including hedge fund of funds) since Genesee County Employees' Retirement System's initial investment up to 3Q 2020.
15. Month by Month Returns (net of fees) earned by Genesee County Employees' Retirement System for each hedge fund holding (including hedge fund of funds) since initial investment up to 3Q 2020.
16. Investment memorandum used by the Genesee County Employees' Retirement System investment committee and investment consultants providing consultation to the Genesee County Employees' Retirement System regarding private equity, venture capital, mezzanine, distressed, real estate/REIT, debt and infrastructure partnerships being considered for investment by the Genesee County Employees' Retirement System portfolio.
17. All due diligence materials and presentation materials produced by the General Partners in the course of the Genesee County Employees' Retirement System conducting due diligence on investments into any private equity, venture capital, mezzanine, distressed, real estate/REIT, debt and infrastructure partnerships.
18. For each fund, please indicate whether or not the fund uses Subscription Credit Facilities.

If there are any fees for searching for, reviewing, or copying the records, please inform me before you task the request. If you deny all or any part of this request, please cite each specific exemption you think justifies your refusal to release the information and notify me of appeal procedures available under the law.

Please do not hesitate to contact me with any questions. My full contact information is listed below.

Thank you in advance for your help on this request.

Jessica Gray

Hi Jennifer,

Great, thanks for the quick response! I'll update my records accordingly.