LACERS to commit $35m to Almanac fund

The $17 billion Los Angeles City Employees Retirement System is considering a commitment of up to $35 million to Almanac Realty Securities VIII, according to board meeting documents. The pension fund will vote to approve the commitment at its April 10 investment meeting.
Almanac Realty Securities VIII, managed by Almanac Realty Investors, is a U.S.-focused value-added real estate fund. The strategy of the fund is to…

LACERS to commit $35m to Almanac fund
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