LACERA Commits $150M to Real Estate

Los Angeles County Employees’ Retirement Association (LACERA) disclosed their recent commitment totaling $150 million, following their August 9th executive session.

A $150 million commitment was approved to Bain Capital Real Estate Fund III, L.P., a non-core, private real estate fund. 

LACERA previously invested $100 million in Bain Capital Real Estate Funds I and $100 million in Fund II.

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