News & Analysis

LACER precision

As the LA pension fund's new board weighs its options, a higher allocation to private equity real estate may be on the horizon.

1 April 2006

SELECT COMMITMENTS

	FUND SIZE	COMMITMENT
FUND	($m)	($m)
Bryanston Retail Opportunity	150	10
Canyon Johnson Urban	600	10
CB Strategic Partners	500	25
Heltman Value Partners	400	15
TA Associates Realty Fund VII	700	15

PORTFOLIO SNAPSHOT

Fund geography:	North America, Asia Pacific
Sectors:	Diversified
Total funds under management:	$9.1 billion
Total real estate assets	$296 million
Current allocation to real estate:	3.3 percent
Target allocation to real estate:	7 percent