---
title: Los Angeles Fire & Police Commits up to $37.5M to Private Equity
description: Los Angeles Fire & Police Commits up to $37.5M to Private Equity.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/los-angeles-Dec-09-2021-06-47-05-34-PM-Apr-04-2024-11-31-31-8848-PM.jpeg
---

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# Los Angeles Fire & Police Commits up to $37.5M to Private Equity

**Written by: ** John Washington, Data Research Analyst 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/los-angeles-Dec-09-2021-06-47-05-34-PM-Apr-04-2024-11-31-31-8848-PM.jpeg)

The Los Angeles Fire & Police Pension System has committed up to $37.5 million to two venture capital funds. 

Up to $15 million was committed to Clearhaven Fund II, managed by ClearhavenPartners. In addition, up to $22.5 million was committed to Pelion Venture VIII, managed by Pelion Venture Partners. 

As of March 31, 2023, the nearly $28.9 billion pension fund allocates 17.17% to private equity, while they target 14%. 

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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)

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