Institution: Los Angeles County Employees’ Retirement Association
Headquarters: Pasadena, United States
Allocation to alternatives: 23.30%
Los Angeles County Employees’ Retirement Association announced a commitment of $160 million to Clearlake Capital Partners VI, a contact at the pension informed Private Equity International.
As illustrated in the charts below, the $59.76 billion US public pension has a 23.30 percent allocation to alternative investments.
LACERA has made seven commitments to funds with a 2019 vintage, which combined constitute $800 million.
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