Investors

LACERS commits $45m

The US public pension committed $45 million to three private equity funds

By
PEI Staff
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Los Angeles City Employees' Retirement System has committed $25 million to New Enterprise Associates 16 and $10 million each to Oak HC/FT Partners II and ABRY Senior Equity V.

The $15 billion US public pension has a 10 percent allocation to private equity.

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