LA Fire & Police Pensions readies project to track fees and expenses

private equity, Los Angeles Fire & Police Pensions, pension fund
  • Project's costs depend on GP usage of ILPA template
  • "Too early to tell" if PE transparency bill affected access to top funds, says Ciranna
  • LAFPP expects to pay almost $36 mln in PE fees, expenses in FY 2017-2018
Los Angeles Fire & Police Pensions thinks a new project to better track its private equity program’s fees and expenses won’t cost a penny. Well, at least until it does. In a June memo, LAFPP staff wrote they don’t expect ...

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