---
title: LACERA Commits $300M to Alts
description: LACERA Commits $300M to Alts.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/los_angeles-Dec-09-2021-06-47-05-34-PM-Apr-04-2024-11-29-11-7408-PM.jpg
---

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# LACERA Commits $300M to Alts

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

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/los_angeles-Dec-09-2021-06-47-05-34-PM-Apr-04-2024-11-29-11-7408-PM.jpg)

The Los Angeles County Employees’ Retirement Association has approved $300 million in alternative investments across three funds.

$150 million was approved for private equity fund, STG VII. 

Another $150 million was split between two natural resources funds managed by Sprott Asset Management. $100 million was approved for Sprott Private Resources Streaming and Royalty Annex (US) fund. And $50 million was committed to a dedicated co-investment vehicle named Sprott Private Resources Streaming and Royalty Annex (LACERA Co-invest).

The new investments were approved at the January 11 board meeting according to recently released meeting minutes.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

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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), [Real Assets](https://dakotafunds.com/dakota-funds/tag/real-assets)

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