LA Water & Power Renews Private Equity Consultant

The Los Angeles Water & Power Employees’ Retirement Plan has extended its’ contract with StepStone Group for private equity consulting services.

The contract that was set to expire in 2023 was extended for an additional five years, through February 28, 2028.

As of June 30, 2022, the Retirement Plan has an actual and target allocation to private equity of 12.62% and 6% respectively.

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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