LACERA Short Lists For Private Equity, Commodities Mandates

Apr 13 2007 | 11:50am ET

The $36 billion Los Angeles County Employees Retirement Association has put together a short list of firms for its non-discretionary private equity advisor and commodities mandates.

This week, the system’s investment committee recommended that its board meet with Altius Associates, Cambridge Associates and Credit Suisse Customized Fund Investment Group for its p.e. mandate. Finalists for the system’s commodities mandate include BlackRock (swap-based strategies), Pacific Investment Management Company and Lehman Brothers (futures-based strategies).

Finalists are meeting with the system’s board on May 11 to determine the selection of one or more firms for each mandate.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...