Los Angeles City Employees' Retirement System related stories
All articles and analysis
CapDyn's Brazil head moves to Hamilton LaneHamilton Lane has opened an office in Rio de Janeiro led by Felipe Caldas, who last year had been named Capital Dynamics' Brazil head. Former CapDyn executive Ricardo Silva also joins him.
- Orange County narrows advisor search to three
The $9.3bn retirement system is hiring its first-ever private equity advisor, and is one of a number of US public pensions making changes to investment consultant relationships.
- LACERS gets late access to Blackstone
The pension has committed up to $20m to Blackstone’s sixth fund, which has been in fundraising for more than two years and is expected to close any day.
- LACERS ditches investment consultant
The $9bn Los Angeles pension fund is planning to transfer ‘specialised alternative investment consultant services’ from PCA to its traditional investment consultant, Hamilton Lane.
- FEATURE: Real estate Bondo
The legendary buyout firm TPG is going into property. Robin Marriott examines how the firm famed for deals such as Continental Airlines, is becoming a new force in private equity real estate. PERE Magazine September 2010 issue
- LACERS commits $10m to third Spark fund
The system's commitment came shortly before Spark Capital III closed on $353m.
- LACERS commits $20m to Providence debt fund
Providence plans to raise $1bn in credit-focused commitments, having gone to market just one year after closing its debut debt fund on more than $1bn.
- Relationship scars
The fragile nature of the relationship between firms and public pensions was highlighted recently by two events - an SEC ban on unregistered placement agents, and a controversial speech given by a Blackstone executive. Christopher Witkowsky explores.
- LACERS eyes ‘significant’ cash yields and principal preservation
The $8.2bn Los Angeles City Employees’ Retirement System will invest 90% of its portfolio in closed-ended commingled funds, primarily with core and value-added managers.
- LACERS commits $15m to JH Whitney
The commitment is one of several agreed by the Los Angeles pension this year.