For Immediate Release
May 1, 2005

LACERA his Dolan McEniry Capital Management
Chicago, IL - The Los Angeles County Employees Retirement Association (LACERA) has awarded Dolan McEniry Capital Management a mandate to manage a core fixed income portfolio. LACERA is a public pension fund that manages assets of over $32 billion on behalf of the employees of Los Angeles County and participating agencies. It has over 143,000 members and 49,000 benefit recipients.

Dolan McEniry Capital Management is a fixed income value investor based in Chicago, IL. Founded in 1997 and 100% owned by its two principals, the firm provides investment management services to foundations, endowments, corporate and public pension funds, Taft-Hartley accounts, sovereign nations, wealthy families, and other tax-free clients. Dolan McEniry has approximately $1.04 billion in fixed income assets under management.