LACERS picks TorreyCove as PE consultant, capping year-long RFP process

LACERS, Los Angeles City Employees Retirement System, TorreyCove, private equity, pension fund
A view over the Los Angeles skyline at dusk/evening with a strong search light on the right. The Los Angeles skyline at night with searchlight. Photo courtesy Thomas Faull/iStock/Getty Images.
  • Why this is important: LACERS hired TorreyCove to help the system move forward with its substantial PE program
  • LACERS AUM: $17 bln
  • LACERS PE investments: $1.7 bln, or 10 pct of total
  • TorreyCove AUA: $56 bln
  • LACERS Contact[email protected] 
  • TorreyCove ContactKiersten Pinard[email protected]
Los Angeles City Employees’ Retirement System awarded a five-year contract to TorreyCove Capital Partners for private equity consulting services, capping a lengthy and tumultuous search for its new consultant. The system’s board of administrators voted 6 to 1 to approve the ...

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