LACERS to commit $700m to $865m by 2022 to reach 7% real estate allocation target

Los Angeles City Employees’ Retirement System has the capacity to commit an additional $700 million to $865 million between now and 2022 in order to increase its real estate allocation to 7 percent of its total plan assets, targeting $140 million to $175 million per year over the next five years, according to an investment committee report presented to the pension fund by The Townsend Group…

LACERS to commit $700m to $865m by 2022 to reach 7% real estate allocation target
QR Code
Embed the QR code on your website:
Download
Copy