LACERS Commits $40M to Real Estate

Tags: Pension Funds, Alternative Insights, Real Estate

The Los Angeles City Employees’ Retirement System has disclosed a $40 million commitment to NB Partners Fund IV.

The real estate investment was approved at the January 10 board meeting.

As of November 30, 2022, LACERS allocates approximately 13.6% to real assets while they target 12% to the asset class.

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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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