Institution: Los Angeles Fire & Police Pension System
Headquarters: Los Angeles, United States
Allocation to alternatives: 22.36%
Los Angeles Fire & Police Pension System committed $15 million to Appian Natural Resources Fund II and $15 million to Ecosystem Investment Partners IV. Both funds will be used to invest in North American infrastructure, with Appian Capital Advisory using capital raised to invest partially in Latin America and the Middle East.
As illustrated in the charts below, LAFPP devotes 22.36 percent of its full investment portfolio to alternative assets. The $24.95 billion pension has a strong appetite for infrastructure funds that target the North America region.
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