LACERA approves $100m commitment

The US-based pension fund commits $100m to Integral Fund V.

Name: Los Angeles County Employees’ Retirement Association
Headquarters: Pasadena, US
AUM: $74 billion
Allocation to Private Equity: 18.9%

Los Angeles County Employees’ Retirement Association approved a $100 million commitment to Integral Fund V, during its recent board meeting.

Managed by Integral Corporation, Integral Fund V follows a buyout strategy and invests into mid-market firms in Japan.

LACERA has a 18.9 percent allocation to private equity, above its 17 percent target.

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