LACERA to explore possibility of bringing co-investments in-house

Los Angeles County Employees’ Retirement Association, Lacera, Morgan Stanley, private equity, pension fund
Signage on the Los Angeles Times building on Feb. 6, 2018. REUTERS/Mario Anzuoni
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 ...

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