Institution: Los Angeles Fire & Police Pension System
Headquarters: Los Angeles, United States
AUM: $23.35 billion
Allocation to alternatives: 23.04%
Los Angeles Fire & Police Pension System has confirmed $70 million-worth of private equity commitments to two vehicles, according to a document from its July board meeting.
The $23.35 billion US public pension has a 12 percent target allocation to private equity that currently stands at 10.71 percent.
As illustrated in the charts below, LAFPP devotes 23.04 percent of its full investment portfolio to alternative assets.
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