Los Angeles Fire & Police Pension System Commits $65M to Private Equity

The Los Angeles Fire & Police Pension System has made commitments totaling $65 million across two private equity funds at the August 4th board meeting.

$50 million was committed to Blue Sea Capital III fund. In addition, $15 million was committed to CenterGate II. Both are buyout funds focused on the lower-middle market.

As of September 30, 2022, the $27 billion pension fund allocates approximately 18% to private equity.

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!  

New call-to-action

Written By: Morgan Holycross, Marketing Manager

Morgan Holycross is a Marketing Manager at Dakota.

logo-1

The Database For Cold Outreach to Reach Institutional and RIA Investors