Institution: Los Angeles County Employees’ Retirement Association
Headquarters: Pasadena, US
AUM: $71.57 billion
Allocation to alternatives: 26.7%
Los Angeles County Employees’ Retirement Association has committed $55 million alongside two fund managers, according to the pension’s August 2021 investment board report.
As illustrated below, LACERA currently allocates 13.8 percent of its investment portfolio to private equity. The pension has recently completed three co-investment commitments focused on investments in North America.
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