Los Angeles County Employees Retirement Association, Pasadena, Calif., increased the amount in the $26 billion plans alternatives allocation to up to $330 million in commitments, said Christopher J. Wagner, investment officer. The increase brings the system closer to its target alternatives allocation of 7% of total assets. Consultant Pathway will develop a shortlist of managers for future searches, Mr. Wagner said, and no RFPs will be issued.
Los Angeles County Employees Retirement Association, Pasadena, Calif....
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