Los Angeles Fire and Police Pension System renewed the contracts of active domestic large-cap equity managers Delta Asset Management and Robeco Boston Partners for three years each, said Michael A. Perez, general manager of the $16 billion fund. Delta manages $436 million in growth, and Robeco Boston Partners, $420 million in value. Pension Consulting Alliance assisted.
Separately, the fund committed up to $30 million each to Capri Urban Investors and Rothschild Five Arrows Realty Securities V, both real estate funds. The Townsend Group assisted.
The fund also committed up to $20 million to Oak Hill Capital Partners III, a private equity fund. Portfolio Advisors assisted.