The plan made two maiden private equity commitments after receiving educations on the asset class in April.
The plan will review an international small-cap value manager and a low volatility equity manager due to underperformance.
The plan hired two firms that will target emerging and diverse private equity, real estate and private credit managers.
The plan began a search last year to complement its core-plus manager.
Rodney June has served as cio at the Los Angeles City Employees’ Retirement System since 2012. He took the time to reflect and answer 5 questions from FIN News.
The plan will interview two firms next month to handle nearly $200 million.
The search is for pacing purposes and is seeking manager to handle $100 million.
The plan disclosed three private equity commitments and one real assets commitment.
In response to an August 25, 2022 ruling in Franklin Circuit Court, the Kentucky Public Pensions Authority (KPPA) is releasing an investigative report on previous investment activities produced by Calcaterra Pollack LLC.