Los Angeles pension fund assess 10 European real estate funds. : Angelo Gordon & Co’s second European real estate fund is close to reaching its fundraising target and has a number of deals lined up, according to Los Angeles County Employees Retirement Association (LACERA). Last month IPE Real Assets reported that Angelo Gordon planned to raise $750m (€842m) for AG European Realty Fund II. LACERA, which is planning invest $50m in the fund, said in a board meeting report that Angelo Gordon had raised $550m of equity and expected a further $150m to come in soon.