Name: Los Angeles County Employees’ Retirement Association
Headquarters:Â Pasadena, US
AUM:Â $68.87 billion
According to a recent board meeting, the Los Angeles County Employees’ Retirement Association (LACERA) has committed $100 million to Sprott Private Resource Streaming & Royalty Annex and $50 million to Sprott Private Resource Streaming & Royalty Annex – Co-Investment.
Los Angeles County Employees’ Retirement Association (LACERA) is the largest county retirement system in the US with over 156,000 members. LACERA was established in 1938 and provides retirement, disability and death benefits to eligible Los Angeles County employees and their beneficiaries.
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