Los Angeles Fire & Police Pension System committed up to $70 million to three private equity funds, according to documents on the $24.7 billion pension fund's website.
Pension officials committed up to $35 to Incline Equity Partners V, a middle market buyout fund; up to $25 million to Insight Partners XI, a venture capital fund; and up to $10 million to Wynnchurch Capital Partners V, a North American middle-market buyout fund.
Los Angeles Fire & Police has invested with Incline Equity Partners and Insight Partners in the past. Wynnchurch is a new relationship.