Assets under management: $20.6 billion, as of June 30, 207, up from $18.5 billion the prior year
Target allocation to PE: 9%, as of March 31, 2018
Actual allocation to PE: 12%, as of March 31, 2018
Why this is important: The portfolio of 2008 to 2012 vintages is performing well, with two-thirds showing double-digit IRRs
Funds from Canaan Partners, Longitude Capital and IVP head up a maturing venture-capital portfolio at the Los Angeles Fire and Police Pension System. The portfolio, with vintages of 2008 to 2012, is largely made up of mid-sized funds and mixes ...