LACERS commits $200 mln to PE and venture after increasing pacing target

Lacers, Los Angeles City Employees’ Retirement System, pension fund, private equity
Signage on the Los Angeles Times building on Feb. 6, 2018. REUTERS/Mario Anzuoni
Los Angeles City Employees’ Retirement System at its May meeting reported $200 million in private equity and venture capital commitments, making progress on a planned pacing increase for 2019. The commitments put LACERS on track to meeting a 2019 pacing target ...

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