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

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note