The Los Angeles City Employees' Retirement System board rehired Pension Consulting Alliance as general pension fund consultant, said Wayne Ige, investment officer for the $9.13 billion system. The three-year contract is subject to negotiations. Fund officials issued an RFP in January.
Separately, the board committed $30 million each to Pacific Coast Capital Partners' California Smart Growth Fund IV and to Stockbridge Real Estate Fund II, $25 million to CPI Capital Partners Europe and $15 million to Oak Investment Partners XII.