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FUNDRAISING NEWS | September 25, 2024
The Los Angeles Police & Fire Pension System disclosed two commitments to private equity totalling $65M in minutes from its September 19 board meeting.
Searchlight Capital IV, a middle market buyout fund strategy, received a $50M allocation, and Fika Ventures IV, an early stage venture capital fund managed by Fika Ventures, received a $15M commitment.
According to its August monthly report, the pension fund has a total of $33B in assets, allocating 16.6% to private equity against a target of 15%.
For more public pension insights and a comprehensive library of public plan minutes, book a demo of Dakota Marketplace! 
Written By: Jane Bailey, Marketing Associate
Jane Bailey is a Marketing Associate at Dakota.
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