The $22 billion Los Angeles City Employees’ Retirement System (LACERS) continues to build up its $4 billion private equity investment program, with the latest rounds of allocations totaling over $200 million.
LACERS’ private equity consultant Aksia recommended a series of allocations across a variety of U.S./North American focused strategies across a wide variety of sectors.
The funds selected were: OceanSound Partners II ($25 million); Ulu Ventures Fund IV ($20 million . . .
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