Los Angeles County Employees Retirement Association

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  1. LACERA picks Heitman, Clarion and Stockbridge for real estate

    Los Angeles County Employees' Retirement Association, Pasadena, Calif., committed $200 million each to Heitman, Clarion Partners and Stockbridge Capital Group for real estate separate accounts, said John McClelland, principal investment officer-real estate at the $41.7 billion pension fund, in an

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  1. LACERA searching for real estate managers

    Los Angeles County Employees' Retirement Association issued an RFP for one or more real estate investment firms capable of investing in core, value-added and opportunistic strategies.

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  2. LACERA taps Grosvenor Capital for opportunistic credit

    Los Angeles County Employees' Retirement Association committed an additional $200 million to a customized hedge fund-of-funds portfolio managed by Grosvenor Capital Management focused on opportunistic credit.

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  3. LACERA slates search for global custody, commercial banking

    Los Angeles County Employees' Retirement Association issued an RFP for global custody and commercial banking services.

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  4. Los Angeles County cuts core, hikes opportunistic in fixed-income shift

    Los Angeles County Employees' Retirement Association will reduce core fixed income by $1.6 billion and increase opportunistic fixed income by $1.65 billion.

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  5. LACERA commits to real estate fund

    Los Angeles County Employees' Retirement Association committed $100 million to CityView Bay Area II.

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  6. L.A. County Employees system commits to 2 funds

    Los Angeles County Employees Retirement Association committed up to $100 million to Wayzata Opportunities Fund III and up to $75 million to Clearlake Capital Partners III.

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  7. LACERA on lookout for 3 investment officers

    Los Angeles County Employees Retirement Association, Pasadena, Calif., is searching for three investment officers — for global equities, buyouts/special situations and for venture capital.

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  8. LACERA looks for help in determining custody needs

    Los Angeles County Employees Retirement Association issued an RFQ for a consultant to help find a global custodian for the $37.5 billion retirement system.

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  9. LACERA reissues RFP for active emerging markets equity managers

    Los Angeles County Employees' Retirement Association reissued an RFP for two active emerging markets equities managers to manage $200 million to $250 million each.

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  10. LACERA delays decision on Cornerstone real estate fund

    Los Angeles County Employees' Retirement Association's board put off for at least a month a decision whether to accept a staff recommendation to maintain its $150 million commitment to Cornerstone Hotel Income and Equity Fund II in light of a labor dispute at one of the hotels in the portfolio.

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  11. L.A. County pension fund to commit $900 million to private equity this year

    Los Angeles County Employees' Retirement Association, Pasadena, Calif., plans to commit $900 million to private equity funds in 2012 under the new private equity annual investment plan.

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  12. Los Angeles City Employees commits to China private equity fund

    Los Angeles City Employees' Retirement System committed up to $25 million in Hony Capital Fund V, a China-focused private equity firm.

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  13. LACERA can now buy, sell on secondary market

    Los Angeles County Employees' Retirement Association can buy and sell private equity limited partnership interests on the secondary market under the $38 billion retirement system's new private equity investment policy statement.

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