LACERS tees up private credit search


FILE PHOTO: A view shows the "iconic "Hollywood" sign overlooking Southern California's film-and-television hub in the Hollywood Hills in Los Angeles, California, U.S. January 1, 2017. REUTERS/Kevork Djansezian
The $17.2 billion Los Angeles City Employees’ Retirement System plans to begin a search for private credit managers soon, seeking to build out a new 7 percent allocation to the asset class. LACERS has several RFPs coming up after choosing ...

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