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Los Angeles Fire & Police commits up to $95 million to alternatives funds
Los Angeles Fire & Police commits up to $95 million to alternatives funds
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Los Angeles Fire & Police Pensions committed up to $95 million to two alternative investment funds and added up to $17.5 million to two funds in which it had previously invested, a staff report on closed session actions for the $28.7 billion pension plan shows.
Plan officials committed up to $80 million to RREEF Core Plus Industrial Fund, an open -end industrial fund managed by
DWS Group; and up to $15 million to Avance Investment Partners, a buyout fund managed by
Avance Investment Management.