LA Fire Commits $10M to Venture Capital

The Los Angeles Fire & Police Pension System has disclosed a $10 million to Harpoon Ventures IV.

The venture capital investment closed on March 31 and is managed by Harpoon Ventures, an early stage venture capital firm. 

As of March 31, 2023, the $29 billion pension system had an actual and target allocation to private equity of 17.1% and 14% respectively.

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