Signage on the Los Angeles Times building in Los Angeles, California, U.S., February 6, 2018. REUTERS/Mario Anzuoni - RC153121F860
LACERA commits $100 mln to Morgan Stanley for co-investments
Re-up will extend existing program while staff explores bringing program inside
Nothing in motion yet, says staff
Los Angeles County Employees’ Retirement Association is committing another $100 million to an external co-investment program as it weighs the pros and cons of bringing the platform in-house. LACERA’s Board of Investments approved a $100 million commitment to Morgan Stanley ...