LACERA plans $1.5 bln in investments in 2017

Lacers, Los Angeles County Employees Retirement Association, pension fund, private equity, Portfolio Advisors
People look on and photograph the famed Hollywood sign as preparations for the 88th Academy Awards continue, in Los Angeles on Feb. 26, 2016. Photo courtesy Reuters/Carlo Allegri
Los Angeles County Employees Retirement Association greenlit an investment plan that will allow about $1.5 billion of private equity commitments in 2017, spokeswoman Linda Ghazarian said. LACERA sets loose parameters around its commitment pace to account for changing market conditions or ...

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