Newsmakers
LACERA Promotes Luis Lugo to CEO
The former deputy CEO succeeds Santos Kreimann, who announced in January that he was stepping down for health reasons.
Tag: LACERA
Pensions
LACERA Fraudster Charged With Grand Theft, Conflict of Interest
Carmelo Marquez is accused of awarding $120,000 worth of IT contracts from the Los Angeles County Employees Retirement Association to a company he owned.
Pensions
LACERA Sues Former Security Officer for Fraud
The Los Angeles County pension fund alleges Carmelo Marquez, who worked on an interim basis, defrauded the organization by giving contracts to companies he owned.
Newsmakers
LACERA’s Grabel Emphasizes ‘Strategic Asset Allocation’
During a CIO webinar interview, Los Angeles County Employees Retirement Association CIO Jonathan Grabel explained how the fund designs its portfolio.