September 19, 2023

LACERA Commits $75M to Private Equity

Written By:
Jane Bailey, Marketing Associate

The Los Angeles County Employees’ Retirement Association approved the allocation of up to $75 million to Innovation Endeavors V, according to a report from the September 13th meeting. 

Innovation Endeavors V is an early-stage venture capital fund that will invest in industrials, life sciences, health care delivery, vertical software, computing infrastructure, and climate.

As of June 30, 2023, LACERA allocates 18.3% to private equity. 

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Tags: Pension Funds, Alternatives, Private Equity

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