LA Los Angeles sign in redlight photo mount on downtown image. Photomount and digitally improved text. Photo courtesy of LUNAMARINA/iStock/Getty Images
Assets under management: $22.2 bln
PE portfolio: $2.08 bln
PE allocation vs target: 9.36 pct against 12 pct
Los Angeles Fire and Police Pensions committed $66 million across three private equity funds, including a reduced $18.5 million to Platinum Equity’s debut small-cap fund after the firm cut back the system’s desired allocation, pension documents showed. LAFPP originally wanted ...