Los Angeles County commitments surge with $390 mln to three new funds


Los Angeles City Employees’ Retirement System, Bain Capital, private equity, pension fund
  • LACERA commitments surpass $1 bln
  • Almost a third of LACERA’s total commitments belong to 2014-2017 vintage funds
  • LACERA PE program valued at $4.9 bln
Los Angeles County Employees Retirement Association at its August meeting committed roughly $390 million to three new private equity funds, which could bring its total commitments for the year north of $1 billion. Last week, the LACERA board of investments ...

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