LA Water & Power Renews Private Equity Consultant

Written by: Koncheng Moua, Director of Data Management and Strategy

The Los Angeles Water & Power Employees’ Retirement Plan has extended its’ contract with StepStone Group for private equity consulting services. 

The contract that was set to expire in 2023 was extended for an additional five years, through February 28, 2028. 

As of June 30, 2022, the Retirement Plan has an actual and target allocation to private equity of 12.62% and 6% respectively.

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

January 18, 2024

Charlotte Firefighters’ Retirement System Issues Investment Consultant RFP

The Charlotte Firefighters’ Retirement System has issued an RFP for an investment consultant....

October 06, 2022

Louisiana State Police Allocates $10M to Private Credit Fund

The Louisiana State Police Retirement System has revealed a $10 million commitment to the...

November 09, 2023

Fort Lauderdale Police & Firefighters’ Retirement Approves $10M Small Cap Growth Allocation

The City of Fort Lauderdale Police & Firefighters’ Retirement System approved a $10 million...