---
title: LA Fire & Police Pension Commits $85M to Private Equity, Private Credit
description: LA Fire & Police Pension Commits $85M to Private Equity, Private Credit
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/sara-the-freak-v4lRAcrhBr8-unsplash%20(2).jpg
---

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# LA Fire & Police Pension Commits $85M to Private Equity, Private Credit

**Written by: ** Jane Bailey, Marketing Associate 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/sara-the-freak-v4lRAcrhBr8-unsplash%20(2).jpg)

The Los Angeles Fire & Police Pension System has approved two commitments to private equity and private credit totalling $85 million according to notes from the December 21st board meeting.

In private equity, $50 million was allocated to TGP Growth VI. In private credit, $35 million was allocated to HPS Specialty Loan Fund VI. 

As of September 30, 2023, the Pension Fund allocates 18.09% to private equity with a target of 15%. Additionally, the Fund allocates 0.01% to private credit with a target of 3%. 

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 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Private Equity](https://dakotafunds.com/dakota-funds/tag/private-equity), [Private Credit](https://dakotafunds.com/dakota-funds/tag/private-credit)

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