Los Angeles City Employees' Retirement System related stories
All articles and analysis
- Apax to offload Trader Corp to Thoma Bravo
Thoma Bravo will pay around C$1.6 billion for the Canadian auto marketplace.
- 1315 Capital closes debut fund on $200m
The firm, founded by a former co-head of US healthcare at Apax Partners, has fund commitments from LACERS and Los Angeles Police & Fire.
- Lacers opposes California fee reporting bill
Following in the footsteps of other California pension plans, the Los Angeles City Employees’ Retirement System is rejecting a bill mandating private equity fee reporting - Assembly Bill 2833 - in its current form.
- Thoma Bravo Fund XII expands strategy to large caps
The Chicago-based firm’s latest vehicle, which does not have a performance hurdle and has slashed its management fee, is targeting more than $7bn.
- LP Radar - April 2016
See the latest PE LP updates, including allocation changes and people moves.
- KPS Capital recapitalizes Anchor Glass in $465m financing
Dividend recap generates $150 million dividend for New York private equity firm
- LACERS commits $30 million to private equity
The Los Angeles City Employees Retirement System will commit up to $30 million to two private equity funds
- New Jersey commits $400m to PE
The State Investment Council has backed new funds from Onex and Vista.
- American Securities within reach of $750m target
The firm has a $1bn hard-cap for the distressed debt fund, according to LACERS documents.
- Los Angeles to issue PE consultant RFP
The $11.4bn Los Angeles City Employees’ Retirement System expects to secure a new contract with a private equity consultant on 11 June.