New commitments may target emerging markets, niche strategies
Commitment pace could go as high as $1.8 bln
PE portfolio netting five-year annualized return of 12.7 pct
Los Angeles County Employees Retirement Association greenlit an investment plan that will allow around $1.5 billion of private equity commitments in 2017, spokeswoman Linda Ghazarian said. LACERA sets loose parameters around its commitment pace to account for changing market conditions or ...