Tag: LACERA

April 21, 2020

CIO Roundtable (Part 3): The Coronavirus’ Chain Reaction on Asset Allocation, Modern Society, and Portfolio Performance

Chief investment officers discuss their approaches in keeping their asset allocation strategies distinct when asset performance is out of control.

April 2, 2020

CIO Roundtable (Part 1): How Top Asset Allocators are Dealing with Today’s Volatile Market

Asset allocators from the most prominent US institutions offer wisdom and advice to the industry and discuss the pandemic’s effects on their funds.

News November 21, 2019

Los Angeles Explores Direct Infrastructure Investment Strategy for Local Projects

LACERA expands its analysis of alternative investment strategies to engage with the real asset class for the first time.

News October 2, 2019

Los Angeles Lays Out Tentative Strategy for First-Time Real Assets Portfolio

Pension picks up infrastructure for the first time, and forms a new inaugural ‘real assets’ strategy.

October 1, 2019

How Asset Balancing Has Gotten More Complex

Bring on the exotica: Public pension plans are going lighter on stocks and bonds, as their alt ownership has almost quadrupled.

Newsmakers August 15, 2019

No More Limos for LACERA Board’s Travels

Board votes to mandate additional restrictions on travel permissions after current practices draw scrutiny.

Newsmakers June 20, 2019

LACERA Board Sacks CEO Lou Lazatin

Fund launches executive search immediately, putting Chief Counsel Steven Rice in charge for now.

Asset Allocation February 4, 2019

LACERA Beefs Up Its Investment in Chinese Bioscience

First VC investment of 2019 helps the pension plan increase its exposure to the world’s fastest-growing healthcare sector.

Risk March 13, 2018

LACERA Explores PE Sale

RFP says $1.25 billion of private equity assets could be sold at a secondary sale.

Newsmakers September 18, 2017

LACERA CEO to Retire in October

Assistant executive officer to become interim CEO.

Industry White Papers

Optimizing Pension Risk Transfer Timing and Execution Pension risk transfer transaction timing is always important — but now more than ever.

2020 Long-term Capital Market Assumptions Q3 Update

Investing in Real Estate, Look to New York—Here’s Why Capitalizing on near-term opportunities

2020 Long-term Capital Market Assumptions Q2 Update

Emerging Markets and Covid-19: Crisis or opportunity…or both? 2020 will be a challenging moment for Emerging Markets’ economies. But there will likely be a wide open Emerging Markets “door” that sees governments fall back on privatisation to bridge fiscal holes. In an environment of tight domestic monetary conditions and reduced cross border flows, the buyers of these assets have considerable advantage.

Meditations in an emergency Multi-Asset Strategist Adam Berger discusses the macro and market impact of the coronavirus and offers his "playbook" for the coming weeks and months, including thoughts on rebalancing and opportunistic investments.