Los Angeles Fire & Police Pensions committed a total of up to $190 million to six alternative investment funds, information on the $22.6 billion pension fund's website shows.
Pension fund officials committed €53.8 million ($60 million) to CVC Capital Partners Fund VIII, a European buyout fund.
The pension fund also committed up to $60 million to Thoma Bravo Fund XIV, an upper-middle-market software and technology-enabled buyout fund; up to $20 million to Thoma Bravo Discover Fund III, a lower-middle-market fund; and up to $10 million to Thoma Bravo Explore Fund, a small- and lower-middle-market buyout fund focused on investing in software companies.
LAFPP also committed up to $20 million each to Canaan XII, an early stage venture capital fund managed by Canaan Partners, and DFJ Growth IV, a venture capital fund focusing on later-stage companies.
