Los Angeles, LA, California
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LACERA commits $65 mln to two Joy Capital funds

Los Angeles County Employees’ Retirement Association has agreed to commit $65 million to two China-focused venture capital funds, as confirmed by recently approved board documents. The commitments comprise of up to $40 million to Joy Capital III, an early stage venture capital fund focused on technology, media, and telecommunications companies, and $25 million to Joy […]

China, U.S., Chinese flag
221 Views

LACERA approves $65 mln in commitments

Los Angeles County Employees’ Retirement Association has agreed to commit $65 million to two China-focused private equity funds, as confirmed by recently approved board documents. The commitments comprise of up to $40 million to Joy Capital III, an early stage venture capital fund focused on technology, media, and telecommunications companies, and $25 million to Joy […]