Los Angeles Fire & Police Pensions board approved a total of up to $55 million in commitments to two alternative investment funds, according to a closed session action report.
The board of the $30.5 billion pension fund committed up to $40 million to Tree Line Direct Lending Fund IV, a private credit fund managed by Tree Line Capital Partners, and up to $15 million to Estancia Capital Partners Fund III, a North American middle-market buyout fund.
