Los Angeles City Employees' Retirement System related stories
All articles and analysis
Side Letter: Brookfield arrives, PFA's Japan complaint, LACERS speeds upBrookfield is moving forward in its bid for private markets domination. Here’s today's brief, for our valued subscribers only.
LACERS opens door to secondaries tradesThe LP has restructured its private equity portfolio, increasing its commitment capacity to the strategy and to emerging managers, and it can now sell interests on the secondaries market.
LACERS approves $105m in commitmentsThe Los Angeles pension has backed four private equity buyout funds.
LACERS approves $185m in commitmentsThe US public pension has backed six private equity funds.
LACERS' appetite for emerging managers in three chartsEmerging managers accounted for 3.9% of the investor's $1.7bn private equity portfolio as of 31 December, compared with 5.1% of its private real estate programme.
Mill Point Capital raises $450mThe New York-based firm closes its debut vehicle at hard cap.
LACERS narrows consultant search to three firmsThe $16.7bn US public pension will choose Cambridge Associates, Cliffwater or Torrey Cove as its PE consultant.
- LACERS commits $70 million to four managers
The $16.7bn US public pension reups with three existing managers and commits to a new GP.
- LACERS approves $50m in commitments
The US public pension has backed two North America-focused funds.
- Glendon Capital raises $2.5bn
The Los Angeles-based firm more than doubles size of predecessor vehicle.