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LACERS slates $45M for private equity

by trusted insight posted 5years ago 437 views
Los Angeles City Employees’ Retirement System committed up to $45 million to two private equity funds, according to Pensions & Investments.

The $14.5 billion pension fund committed up to $20 million to venture capital fund New Enterprise Associates 15 and up to $25 million to Institutional Venture Partners XV, a late-stage venture capital fund.