---
title: Los Angeles Water & Power Commits $150M to Real Estate
description: Los Angeles Water & Power commits $120M to Real Estate.
---

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# [Los Angeles Water & Power Commits $150M to Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/los-angeles-water-power-commits-120m-to-real-estate)

 Written by [John Washington, Data Research Analyst](https://dakotafunds.com/dakota-funds/author/john-washington-data-research-analyst) | January 31, 2023

The Los Angeles Water & Power Employees’ Retirement Plan has committed $150 million to two real estate funds.

$75 million was committed to Invesco U.S. Income Fund, a core-plus real estate fund, and another $75 million to a value-add real estate fund, DRA Growth & Income Fund XI.

As of November 2022, the nearly $19 billion pension fund allocates 9% to real estate while they target 8%.

*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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[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/los-angeles-water-power-commits-120m-to-real-estate)

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