Los Angeles County Employees Retirement Association's board committed €100 million ($122 million) to GHO Capital Fund III, according to a report of its closed session meeting.
The European health-care buyout fund is managed by GHO Capital.
The $67.9 billion, Pasadena, Calif.-based pension fund at its May 19 meeting also committed up to $66 million to a special purpose vehicle managed by private equity firm GI Partners.
