The $36.7 billion Los Angeles County Employees’ Retirement Association may have concluded its search for a firm to provide private equity performance measurement at the fund. According to the agenda from the investment board’s June 13 meeting, LACERA was slated to discuss a staff recommendation that Credit Suisse Customized Fund Investment Group be retained for the mandate. The search first began in February. LACERA has a 7% allocation to private equity.
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