• Los Angeles City Employees’ Retirement System’s contract with BlackRock to manage $309 million in large-cap value equities will begin Dec. 21. Also, the system made a commitment to venture capital fund Spark II in 2008. Incorrect information was reported in separate items in the Nov. 1 and Nov. 8 editions of P&I Daily.
• PBGC Director Joshua Gotbaum and the agency’s board are developing a new investment policy for the Pension Benefit Guaranty Corp. Incorrect information was reported in the Nov. 15 P&I Daily.
