Investment Consulting Services: Private Equity

The Arizona State Retirement System (ASRS) Master Agreement CTR057204 with Aksia LLC provides comprehensive investment consulting services focused on Private Equity, Illiquid Credit, and Public Markets Projects. Under this contract, Aksia offers specialized consulting services including investment research, operational due diligence, manager searches, and advisory support. The scope covers detailed project-based services such as fund due diligence at $35,000 per report for previously reviewed funds and $50,000 for new fund assessments, with provisions for up to 12 commissioned reports annually. The services are designed to support strategic investment decision-making for the Arizona State Retirement System.

The master agreement was initially awarded on September 8, 2021, with Aksia LLC as the prime contractor, and has been subsequently renewed through multiple amendments extending the contract through September 7, 2026. The contract is a fixed-price master agreement with a base annual fee of $850,000 for Private Equity Investment Consulting Services, subject to annual Consumer Price Index (CPI) adjustments. Geographically limited to Arizona, the contract type is a professional services master agreement that allows for flexible, as-needed consulting services with no minimum service quantity guaranteed. The contract has undergone five amendments to date, with each renewal maintaining the original terms and conditions while extending the performance period.