LA Water and Power plans its first allocation to infrastructure
The pension plan expects infra to
provide stronger risk-adjusted returns
Los Angeles
LACERS general manager steps down
The
staff will pitch a suggested process for a new hire at the Jan 28 meeting
High returns expand LACERA’s real estate appetite for 2025
Alongside
plans for core and non-core buckets for 2025, LACERA plans to onboard emerging
managers in the space
Liquidity management allows LACERA to take on more risks
Outperformance
by co-investments allows the CIO to widen targets, alongside eyeing the first
allocation to southeast Asia
California Appeals Court rules in favor of LACERA to set employment classification and salaries amid backlash from the county
The ruling states that Board of Supervisors must comply with the classifications and salaries within its own functioning
LACERA chooses consultant for its hedge funds, credit and real assets portfolios
The winning consultant scored significantly higher on mitigation of conflict, servicing capabilities and technology.