LACERA expands into Latin America by anchoring CVCI-spinout

A fishing boat is seen during a sunset in Mazatlan December 27, 2012. REUTERS/Stringer (MEXICO - Tags: ENVIRONMENT) - RTR3BXS7
  • Lacera commits $125 mln to Australis's debut fund
  • First major foray into LatAm PE
  • Fund targets $350 mln; has raised $310 mln so far
Los Angeles County Employees Retirement Association made its first major foray into Latin American private equity by anchoring a first-time fund focused on investments in the region. LACERA, with about $50 billion in assets, committed $125 million to Australis Partners’ debut fund last ...DON'T MISS OUT! Meet new and diverse managers in private equity, venture capital and real estate at the third Emerging Manager Connect East at New York City's Harvard Club. CLICK HERE FOR DETAILS!

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