Los Angeles City Employees' Retirement System related stories
All articles and analysis
LACERS plans to commit $342m to PE in 2017LACERS plans a similar commitment to private equity for 2017 as it did in 2016
- Los Angeles pension fund to up allocations to PE bucket
The city’s retirement plan wants to commit more to mid-market and lower mid-market distressed for control situations.
- Los Angeles City Employees' Retirement System committed to two funds
LACERS committed $15 million to Spark Capital Growth II and EUR26.5 million to BC European Capital X.
- OCERS to issue RFP for PE managers
The Orange County Employees Retirement System, which commits 5.2% of its $12.5bn fund to private equity, expects to issue an RFP by mid-November.
- LACERS seeks contract extension with PE consultant
The Los Angeles City Employees’ Retirement System is seeking to extend its contract with Portfolio Advisors to give LACERS more time to evaluate the market for private equity consulting services.
- Thoma Bravo closes Fund XII on $7.6bn hard-cap
The fund is yet another Thoma Bravo investment vehicle to reach its hard-cap, and more than doubles the size of Fund XI.
- California’s PE fee disclosure bill passes into law
The AB-2833 bill, which imposes more requirements on California-based public pensions to disclose private equity fees, was introduced in February, and passed last week.
- Abry boosts carry to 30% with new fund
The Abry Heritage Partners fund will focus on the lower mid-market, targeting deals between $20m and $50m.
- LACERS to issue RFP for private equity consultant
The LA city employees' pension, which has worked with Portfolio Advisors since January 2014, is looking to lower its fee structure with the firm.