Institution: Los Angeles Fire & Police Pension System
Headquarters: Los Angeles, United States
Allocation to alternatives: 24.53%
Los Angeles Fire & Police Pension System has announced $59.23 million-worth of private equity commitments to two vehicles, according to its May board meeting packet.
The $22.60 billion public pension has a 12.0 percent target allocation to private equity that currently stands at 12.01 percent.
As illustrated in the charts below, LAFPP devotes 24.53 percent of its full investment portfolio to alternative assets. The pension has a strong appetite for funds focused on North America.
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