Why Venture Capital Is Doing So Well
With stocks and bonds offering meager futures, pension plans and other investors find under-appreciated VC beats another alt, private equity, which grabs all the attention.
Tag: Los Angeles County Employees Retirement Association (LACERA)
Asset Allocation
Just Minor Adjustments to Portfolio Are the Smartest Move, 3 Key CIOs Say
A trio of investment chiefs overseeing a half-trillion dollars are preparing their funds for low interest rates without drastically overhauling portfolios.
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.
CIO Roundtable (Part 2): Alternative Investment Performance in an Alternative Environment
Chief investment officers from leading institutions share their insights on alternative asset dynamics stimulated by the coronavirus pandemic.
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.
How to Transform an Investment Process
CIOs discuss moving the decision-making process from a board- or consultant-driven one to one that is staff-directed.
News
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
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.
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
No More Limos for LACERA Board’s Travels
Board votes to mandate additional restrictions on travel permissions after current practices draw scrutiny.
Newsmakers
LACERA Board Sacks CEO Lou Lazatin
Fund launches executive search immediately, putting Chief Counsel Steven Rice in charge for now.
Newsmakers
Exclusive: Los Angeles’ CIO Preps for Potential $1 Billion Real Estate Sell-Off
Being 2% overweight to real estate means it’s time to trim the hedgings.
Newsmakers
Los Angeles CIO Discusses Pension’s Unique Infrastructure Strategy
First-time approach to the asset class to utilize public-to-private.
Asset Allocation
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.
LACERA Explores PE Sale
RFP says $1.25 billion of private equity assets could be sold at a secondary sale.