Los Angeles City Employees' Retirement System overview
Stories about Los Angeles City Employees' Retirement System
LACERS commits $50m to private equity
Los Angeles Employees' Retirement System made the commitments to two private equity funds.
LACERS commits $176m to private equity
Los Angeles City Employees' Retirement System announced commitments across five funds.
Side Letter: LACERS' performance envy
LACERS believes private markets could cure what ails its underwhelming returns. Plus: Secondaries musical chairs continue apace with a Jefferies to Moelis move; and Carlyle has a new APAC wealth head. Here's today's brief, for our valued subscribers only.
LACERS commits $200m to private equity
The Los Angeles-based pension fund has announced $200m in private equity commitments.
LACERS reveals new PE commitments
The Los Angeles-based pension has been recommended to make commitments worth $110m across four funds.
LACERS approves fresh PE commitments
The US pension fund has announced $235m in private equity commitments.
LACERS outlines 2024 PE pacing plan
The public pension fund is targeting up to $850m in private equity commitments for 2024.
Los Angeles City Employees' Retirement System contact information
Offices
977 N. Broadway, Los Angeles, 90012 1728, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
 Mr. Clark B. Hoover | Job titleInvestment Officer, Private Market Assets | LocationLos Angeles, United States | Email  ----------- |
| Mr. Daniel Becerra | Job titleInvestment Officer, Private Markets | LocationLos Angeles, United States | Email -------- |
| Ms. Ellen Chen | Job titleDirector of Private Markets, Environmental, Social, and Governance Risk Officer, Investment Division | LocationLos Angeles, United States | Email -------- |
| Ms. Jessica Chumak | Job titleInvestment Officer, Private Markets | LocationLos Angeles, United States | Email ----------- |
Los Angeles City Employees' Retirement System fund commitments
Known fund commitments: 448
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ---------- | Commitment dateAug 2025 | Commitment size$70m | |
Manager -------- | Commitment dateAug 2025 | Commitment size ------ | |
Manager ------- | Commitment dateAug 2025 | Commitment size --------- | |
Stories that mention Los Angeles City Employees' Retirement System
Side Letter: Gating-gate
In today's edition, Blue Owl's recent asset sale has thrust semi-liquids into the spotlight; Partners Group tries to assuage investors' AI concerns; Gridiron Capital is back in the market.
Side Letter: EQT's exit record
In today's edition, EQT's Coller acquisition overshadowed a record year for exits; Where LPs are placing their bets in Asia-Pacific; A prominent European LP departs after more than two decades.
Side Letter: Playing defence
In today's edition, LPs are seeking reassurances over defence exits; ChatGPT creator OpenAI says GPs are among its busiest users; A European buyout shop hits its hard-cap.
Side Letter: 'Not zero' targets
In today's edition: The SEC commissioner makes the case for PE allocations in retail portfolios; Another mega-CV closes; ESG, DEI become less of an operational priority on both sides of the aisle.
Side Letter: 'It ends badly'
NYC's (now) former CIO issues a scathing response to the ongoing 'democratisation' of private markets. Plus: AI disruption risk is leading to broken auctions and Hong Kong's wealth community is hungry for alts. Here's today's brief, for our valued subscribers only.
Side Letter: PIK-ing a winner
Why payment-in-kind interest is sometimes unfairly maligned. Plus: Partners Group is understood to be on track for a record year of secondaries deployment. Here's today's brief, for our valued subscribers only.
Side Letter: Lead buyer desire
In a secondaries-flavoured edition of Side Letter, we explore why some buyers are rethinking their desire to be lead buyer. Plus: secondaries volume's 6x growth estimate, and Golub's GP-led strategy. Here's today's brief, for our valued subscribers only.
Side Letter: Fund finance inflows
LP capital looks set to play a significant role in the rampant expansion of the fund finance universe. Plus: a $70bn pension is cutting its private equity allocation; and why LPs should investigate GPs' understanding of AI sustainability risks. Here's today's brief, for our valued subscribers only.