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.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...