LA Fire & Police Renews Real Estate Consultant

The Los Angeles Fire & Police Pension System has approved a one year contract extension with real estate consultant, Townsend.

The extension was approved at the November 3 board meeting and will go through to January 31, 2024.

As of June 30, 2022, the $28 billion Pension System has a 13.1% allocation to real estate. The investment policy targets 10% to real estate.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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