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 IT! Now in its 10th year, PartnerConnect Midwest is bringing you 300 attendees, over 400 private ExecConnect meetings between LPs and GPs, and three insightful tracks including Buyouts Funds, Buyouts Deals and Co-Investments. REGISTER TODAY!

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