Los Angeles County Employees Retirement Association, Pasadena, Calif., committed up to $100 million to Revelstoke Capital Partners Fund III.
The $73.8 billion pension fund's board of investments approved the commitment to the middle-market buyout fund in closed session Wednesday, according to a report on LACERA's website.
The pension fund previously committed up to $60 million to Revelstoke Single Asset Fund I in 2020.