---
title: LACERA Invests $910M Across Three Funds
description: LACERA Invests $910M Across Three Funds.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/RIAs%20Los%20Angeles-1-Apr-04-2024-11-29-18-8312-PM.jpg
---

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# LACERA Invests $910M Across Three Funds

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

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/RIAs%20Los%20Angeles-1-Apr-04-2024-11-29-18-8312-PM.jpg)

The Los Angeles County Employees’ Retirement Association has disclosed three investments totaling up to $910 million.

$675 million was approved for an investment in Waterfall Illiquid Credit Strategy. The strategy managed by Waterfall Asset Management will be invested in a dedicated managed account. 

$150 million committed to middle market private equity fund, Accel-KKR Capital Partners VII.

$85 million was approved for a secondary purchase in the agriculture fund, TIAA-CREF Global Agriculture. 

The three investments were approved at the December 14, 2022 Board of Investments meeting.

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 Tags: [Credit](https://dakotafunds.com/dakota-funds/tag/credit), [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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