Los Angeles City Employees' Retirement System overview
Los Angeles City Employees' Retirement System related stories
LACERS adds new manager amid calls for more opportunistic RE
The California pension has made its first real estate commitment since setting a reduced pacing plan targeting niche, distressed assets.
LACERS scales back RE pacing amid tariff uncertainty
The California pension is eyeing opportunities with emerging managers and a foray into secondaries as it recalibrates its investment plans.
Investor Intentions: LACERS receives real estate plan
Los Angeles City Employees' Retirement System has received a real estate strategic plan from its investment consultant and committed to a real estate fund managed by LBA Realty.
LACERS commits $70m between two real estate funds
The Los Angeles-based pension has backed funds managed by Westport Capital and Principal Asset Management.
LACERS plans $450m in commitments to real estate funds
Los Angeles City Employees' Retirement System has laid out its real estate portfolio goals for the year.
LACERS approves $50m commitment
The Los Angeles-based public pension has backed LBA Realty's latest value-added real estate vehicle.
LACERS backs Cerberus Capital Management fund
The system's latest investment aligns with its strategy to enhance long-term risk adjusted investment returns.
Los Angeles City Employees' Retirement System contact information
Offices
977 N. Broadway, Los Angeles, 90012 1728, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
 Mr. Clark B. Hoover | Job titleInvestment Officer, Private Market Assets | LocationLos Angeles, United States | Email  --------- |
| Mr. Daniel Becerra | Job titleInvestment Officer, Private Markets | LocationLos Angeles, United States | Email --------- |
| Ms. Elizabeth Lee | Job titleChair, Investment Committee and Audit Committee; | LocationLos Angeles, United States | Email ----------- |
| Ms. Ellen Chen | Job titleDirector of Private Markets, Environmental, Social, and Governance Risk Officer, Investment Division | LocationLos Angeles, United States | Email -------- |
Los Angeles City Employees' Retirement System investment appetite
Strategy
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RE - Core
Region
Asia-Pacific
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Sector
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RE - Data centers
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Los Angeles City Employees' Retirement System fund commitments
Known fund commitments : 106
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ------- | Commitment dateOct 2023 | Commitment size$50m | |
| ------- | Manager --------- | Commitment date- | Commitment size ------ |
| ------- | Manager --------- | Commitment dateSep 2024 | Commitment size -------- |