LA Fire & Police Pension Commits $17.5M to Private Equity

Written by: Helen Bascom, Marketing Associate

The Los Angeles Fire & Police Pension System disclosed two recent commitments to private equity totaling $17.5 million, according to materials from the November Board Meeting.

In private equity, $10 million was committed to 3 Boomerang Capital I, and $7.5 million was committed to Astira Capital Partners Fund I. 

As of September 30, 2023, the $30 billion pension fund has allocated approximately 18.08% to private equity with a target allocation of 15%. 

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Recent Posts

March 13, 2024

Ohio Police & Fire Commit $175M to Real Estate, Private Credit

The Ohio Police and Fire Pension Fund (OP&F) has approved three commitments to real estate and...

January 16, 2024

Seattle City ERS Commits $17.5M to Infrastructure; Approves Fixed Income Allocation

Seattle City Employees’ Retirement System disclosed a $17.5 million commitment to Global...

April 20, 2023

San Francisco ERS Commits $175M to Alternatives

The San Francisco Employees Retirement System (SFERS) has committed up to $175 million between four...