LACERA: Infrastructure is ‘riskier’ than private equity, real estate

The $30.5bn Los Angeles County Employees Retirement Association came to this conclusion after deciding that the marketplace for infrastructure investments is so under-developed that it is best for the pension to wait before making a commitment, according to a memo.

To view this content, you need to sign in.


You should only be asked to sign in once. Not the case? Click here


Register now to access this content and more for free.

Share this