FOIA Request - Investments

Mx Hoover:

We have received your request for a public record. It is our goal to respond to these requests as soon as possible or within 5 business days. However, please note that certain requests may take longer to process due to the size of the records requested or current request volumes. In these cases, you will receive a notice within 5 business days letting you know additional time is needed and when your next update will occur. Your request has been given the following reference number W030763-060324 for tracking purposes.

Record Requested: To Whom It May Concern:

Pursuant to the Tennessee Public Records Act, I hereby request the following records:

I hope hello this finds you well. I am currently seeking updated quarterly performance data from your plan’s alternative asset holdings for the following date(s): 1Q2013 till 1Q2024.
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 Tennessee Open Records Act, I request a copy of the quarterly public records from 1Q2013 till 1Q2024 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 City of Memphis Retirement System's portfolio.
2. Commitments made to each partnership.
3. Contributions drawn down since inception.
4. Distributions made to City of Memphis 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 City of Memphis 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 City of Memphis Retirement System's portfolio.
13. Month by Month Market Value for each hedge fund holding (including hedge fund of funds) since City of Memphis Retirement System's initial investment up to 1Q2013 till 1Q2024.
14. Month by Month Contributions to each hedge fund holding (including hedge fund of funds) since City of Memphis Retirement System's initial investment up to 1Q2013 till 1Q2024.
15. Month by Month Returns (net of fees) earned by City of Memphis Retirement System for each hedge fund holding (including hedge fund of funds) since initial investment up to 1Q2013 till 1Q2024.
16. Investment memorandum used by the City of Memphis Retirement System investment committee and investment consultants providing consultation to the City of Memphis Retirement System regarding private equity, venture capital, mezzanine, distressed, real estate/REIT, debt and infrastructure partnerships being considered for investment by the City of Memphis Retirement System portfolio.
17. All due diligence materials and presentation materials produced by the General Partners in the course of the City of Memphis 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.
Jidnyasa Solanki

• Phone Number: 520-247-9215
• Internal Tracking #58569-31

The requested documents will be made available to the general public, and this request is not being made for commercial purposes.

In the event that there are fees, I would be grateful if you would inform me of the total charges in advance of fulfilling my request. I would prefer the request filled electronically, by e-mail attachment if available or CD-ROM if not.

Thank you in advance for your anticipated cooperation in this matter. I look forward to receiving your response to this request within 7 business days, as the statute requires.

Sincerely,

Kent Hoover, a citizen of Tennessee, in coordination with Jake Hujar

You can monitor the progress of your request at the link below and you'll receive an email when your request has been completed. Feel free to check the status of your request at any time. Again, thank you for using the City of Memphis Public Records e-Office.
FEE SCHEDULE
Black and white copies of records are billed at $0.15 per page and color copies are billed at $0.25 per page where the request is 10 or more pages. Labor charges may apply for copies involving large requests. More information about billing will be provided as the request is processed.

City of Memphis
Public Records e-Office

--- THIS EMAIL IS SENT FROM AN UNMONITORED ACCOUNT. DO NOT REPLY ---

06/10/2024
Mx Kent Hoover
MuckRock News DEPT MR#164411 263 Huntington Ave
Boston MA 02115
RE: PUBLIC RECORDS REQUEST of 6/3/2024, Reference # W030763-060324
Dear Mx Kent Hoover,
The City received a public records request from you on 6/3/2024. Your request mentioned “To Whom It May Concern:

Pursuant to the Tennessee Public Records Act, I hereby request the following records:

I hope hello this finds you well. I am currently seeking updated quarterly performance data from your plan’s alternative asset holdings for the following date(s): 1Q2013 till 1Q2024.
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 Tennessee Open Records Act, I request a copy of the quarterly public records from 1Q2013 till 1Q2024 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 City of Memphis Retirement System's portfolio.
2. Commitments made to each partnership.
3. Contributions drawn down since inception.
4. Distributions made to City of Memphis 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 City of Memphis 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 City of Memphis Retirement System's portfolio.
13. Month by Month Market Value for each hedge fund holding (including hedge fund of funds) since City of Memphis Retirement System's initial investment up to 1Q2013 till 1Q2024.
14. Month by Month Contributions to each hedge fund holding (including hedge fund of funds) since City of Memphis Retirement System's initial investment up to 1Q2013 till 1Q2024.
15. Month by Month Returns (net of fees) earned by City of Memphis Retirement System for each hedge fund holding (including hedge fund of funds) since initial investment up to 1Q2013 till 1Q2024.
16. Investment memorandum used by the City of Memphis Retirement System investment committee and investment consultants providing consultation to the City of Memphis Retirement System regarding private equity, venture capital, mezzanine, distressed, real estate/REIT, debt and infrastructure partnerships being considered for investment by the City of Memphis Retirement System portfolio.
17. All due diligence materials and presentation materials produced by the General Partners in the course of the City of Memphis 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.
Jidnyasa Solanki

• Phone Number: 520-247-9215
• Internal Tracking #58569-31

The requested documents will be made available to the general public, and this request is not being made for commercial purposes.

In the event that there are fees, I would be grateful if you would inform me of the total charges in advance of fulfilling my request. I would prefer the request filled electronically, by e-mail attachment if available or CD-ROM if not.

Thank you in advance for your anticipated cooperation in this matter. I look forward to receiving your response to this request within 7 business days, as the statute requires.

Sincerely,

Kent Hoover, a citizen of Tennessee, in coordination with Jake Hujar”
In response to your records request, our office is taking the following action(s). It is not practicable for the records you requested to be made promptly available for inspection and/or copying because: It has not yet been determined that records responsive to your request exist.
The time reasonably necessary to produce the record(s) or information and/or to make a determination of a proper response to your request is: JUNE 24, 2024.
Sincerely,
Public Records Office
City of Memphis

--- THIS EMAIL IS SENT FROM AN UNMONITORED ACCOUNT. DO NOT REPLY ---

06/14/2024
Mx Kent Hoover
MuckRock News DEPT MR#164411 263 Huntington Ave
Boston MA 02115
RE: PUBLIC RECORDS REQUEST of 6/3/2024, Reference # W030763-060324
Dear Mx Kent Hoover,
The City received a public records request from you on 6/3/2024. Your request mentioned “To Whom It May Concern:

Pursuant to the Tennessee Public Records Act, I hereby request the following records:

I hope hello this finds you well. I am currently seeking updated quarterly performance data from your plan’s alternative asset holdings for the following date(s): 1Q2013 till 1Q2024.
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 Tennessee Open Records Act, I request a copy of the quarterly public records from 1Q2013 till 1Q2024 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 City of Memphis Retirement System's portfolio.
2. Commitments made to each partnership.
3. Contributions drawn down since inception.
4. Distributions made to City of Memphis 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 City of Memphis 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 City of Memphis Retirement System's portfolio.
13. Month by Month Market Value for each hedge fund holding (including hedge fund of funds) since City of Memphis Retirement System's initial investment up to 1Q2013 till 1Q2024.
14. Month by Month Contributions to each hedge fund holding (including hedge fund of funds) since City of Memphis Retirement System's initial investment up to 1Q2013 till 1Q2024.
15. Month by Month Returns (net of fees) earned by City of Memphis Retirement System for each hedge fund holding (including hedge fund of funds) since initial investment up to 1Q2013 till 1Q2024.
16. Investment memorandum used by the City of Memphis Retirement System investment committee and investment consultants providing consultation to the City of Memphis Retirement System regarding private equity, venture capital, mezzanine, distressed, real estate/REIT, debt and infrastructure partnerships being considered for investment by the City of Memphis Retirement System portfolio.
17. All due diligence materials and presentation materials produced by the General Partners in the course of the City of Memphis 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.
Jidnyasa Solanki

• Phone Number: 520-247-9215
• Internal Tracking #58569-31

The requested documents will be made available to the general public, and this request is not being made for commercial purposes.

In the event that there are fees, I would be grateful if you would inform me of the total charges in advance of fulfilling my request. I would prefer the request filled electronically, by e-mail attachment if available or CD-ROM if not.

Thank you in advance for your anticipated cooperation in this matter. I look forward to receiving your response to this request within 7 business days, as the statute requires.

Sincerely,

Kent Hoover, a citizen of Tennessee, in coordination with Jake Hujar”
The City has reviewed its files and has located responsive records.
Public records responsive to your request will be made available via electronic delivery. Your City of Memphis public records request account may be accessed via the link below. https://foia-memphistn.mycusthelp.com/WEBAPP/_rs/(S(v3ycc0ib2ouwebyq5nytcu12))/SupportHome.aspx

* Select found under My FOIA Center Request Public Records
* Select View My Requests Login with your email address and password to access the responsive document(s)
This completes your public records request with the City of Memphis.
Sincerely,
Public Records Office
City of Memphis