LA County’s PE program costs were $37 mln higher than reported

Lacera, Los Angeles County Employees Retirement Association, private equity, pension fund
People watch the solar eclipse on the lawn of Griffith Observatory in Los Angeles, California, U.S., August 21, 2017. Location coordinates for this image are 34°7'9"N 118°18'1"W. REUTERS/Mario Anzuoni - RTS1CQ39
Los Angeles County Employees Retirement Association’s private equity program last year cost 71 percent more than what the $52.5 billion retirement association previously reported, an external consultant report obtained by Buyouts Insider (publisher of VCJ) shows. The Aug. 9 report, prepared for ...

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