LA Fire & Police Pension Commits $17.5M to Private Equity

The Los Angeles Fire & Police Pension System disclosed two recent commitments to private equity totaling $17.5 million, according to materials from the November Board Meeting.

In private equity, $10 million was committed to 3 Boomerang Capital I, and $7.5 million was committed to Astira Capital Partners Fund I. 

As of September 30, 2023, the $30 billion pension fund has allocated approximately 18.08% to private equity with a target allocation of 15%. 

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.