Los Angeles County Employees' Retirement Association related stories
All articles and analysis
LACERA confirms $75m commitmentThe public pension has backed the co-investment fund.
LACERA backs private equity buyout fundThe US public pension has backed private equity fund.
Side Letter: Greenbriar's bellwether billions; Carlyle's chosen chief; Tikehau's debt CFOIndustrials firm Greenbriar is further evidence that capital remains available for managers below the mega-fund fold. Plus: Carlyle's search for a new chief appears to be over; and Tikehau has raised a collateralised fund obligation. Here’s today's brief, for our valued subscribers only.
Side Letter: Introducing PEI's performance data; Warburg's $15bn; Africa's Adenia exclusiveWondering how a fund has performed? PEI has you covered. Plus: Warburg Pincus is nearing the final close on its latest flagship; and Africa's Adenia Partners smashes prior raise. Here’s today's brief, for our valued subscribers only.
Side Letter: CD&R's $23bn; Waterland's deluge; Pantheon promotionsClayton, Dubilier & Rice's latest flagship has a $23 billion hard-cap, pension documents show. Plus: Waterland proves it's still one of the most in-demand GPs; and Pantheon welcomes four partners. Here’s today's brief, for our valued subscribers only.
Side Letter: PE's next LP giant? West Virginia's PE target; Francisco's carve-outsNorway's $1.3 trillion sovereign wealth fund could become private equity's newest participant. Plus: West Virginia Investment Management is the latest US institution to earmark more capital for private markets and Francisco Partners spies an opportunity in corporate carve-outs. Here’s today's brief, for our valued subscribers only.
Side Letter: PEI Awards – vote now; LP Perspectives 2023; Gensler's private fund ambitionsDon't miss your chance to vote in this year's PEI Awards. Plus: Our latest LP Perspectives survey reveals how investors are thinking about the asset class next year; and why the SEC's private funds proposals may lose some of their bite. Here’s today's brief, for our valued subscribers only.
Side Letter: LPs' crypto writedowns; EY's alts survey; Palico's PE pricingPrivate equity's FTX blow could raise questions over whether due diligence processes are always robust enough. Plus: Results from EY's latest alternatives survey; and LPs stomach greater discounts to offload fund stakes. Here’s today's brief, for our valued subscribers only.
Side Letter: Europe's best PE market for women; Brookfield's 6x return; LACERA's boostIreland has the highest proportion of women in senior investment roles, according to Level 20. Plus: Brookfield's cross-fund transaction delivers for LPs and LACERA wants to co-investments and secondaries. Here’s today's brief, for our valued subscribers only.
Side Letter: Ex-Ardian boss's returns warning; Sixth St's $4.4bn; the hottest upcoming CFOs & COOsSecondaries funds face a mighty challenge on the returns front, says the man who created Ardian's FoF business. Plus: Sixth Street's double growth fund close and female-founded VC firms hold their own amid their male counterparts. Here’s today's brief, for our valued subscribers only.