DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
Board records
Los Angeles County Employees Retirement Association: what the board decided
Read from the boards’ own minutes and meeting packets, each row with the stance the minutes give it. Approved is a vote or a commitment reported as made under delegated authority; recommended is staff or the consultant asking, with no vote in the record; proposed is an item presented for consideration. Every row carries the sentence that says so. A re-up prospect is arithmetic on the tape: the allocator holds Fund N, the manager has Fund N+1 open, and no commitment to it is on the graph; it is labelled an inference and says nothing about intent.
- Aug 12, 2026Committed (dated)Private creditBoard of Investments$750M to Cheyne Capital Management separate accountCheyne Capital Management Subscription $750,000,000 August 12, 2026 Completed
- Aug 12, 2026Committed (dated)re-upReal estateBoard of Investments$75.0M to Whitman Peterson Fund VWhitman Peterson Fund V Co-Investment $75,000,000 August 12, 2026 Completed
- Jul 8, 2026Committed (dated)Private equityBoard of Investmentsapproved commitments of $220 million to Kingswood Capital Opportunities Fund IV, a middle market buyout fund, and $100 million to Kingswood Capital Opportunities Small Cap Fund I, a small market buyout fundPrivate Equity - middle market buyoutapproved Jul 8, 2026, closed Jun 23, 2026resolved to the fund on the private equity graphPublic plan board and investment committee agendas and minutesthe board record reports this commitment at 2 meetings (approved 2026-07-08, committed 2026-06-23)
- Jul 8, 2026Committed (dated)Private equityBoard of Investmentsapproved commitments of $220 million to Kingswood Capital Opportunities Fund IV, a middle market buyout fund, and $100 million to Kingswood Capital Opportunities Small Cap Fund I, a small market buyout fundPrivate Equity - small market buyoutapproved Jul 8, 2026, closed Jun 23, 2026resolved to the fund on the private equity graphPublic plan board and investment committee agendas and minutesthe board record reports this commitment at 2 meetings (approved 2026-07-08, committed 2026-06-23)
- May 26, 2026Committed (dated)Private equityBoard of Investments$400M to Triton Fund 6 SCSp (Triton Partners)approved a commitment of €341 million (approximately $400 million at the time of commitment) to Triton Fund 6 SCSp, which is a middle market buyout fund focusing on investments primarily in Europe
- May 21, 2026Committed (dated)Private equityBoard of Investmentsapproved a commitment of $200 million to Court Square Capital V, L.P., which is a private equity fund with a middle market buyout strategy
- Apr 8, 2026ApprovedPrivate equityBoard of Investments$190M to Bregal Sagemount V, L.P.LACERA’s Chief Investment Officer, consistent with Board parameters and policies, approved a $190 million commitment to Bregal Sagemount V, L.P., which is a private equity growth fund focusing on investments in the software and tech-enabled services, business services, and information and data services sectors, primarily in North America.reported as made at the meeting, no closing date printed
- Jan 14, 2026ApprovedPrivate equityBoard of Investmentsthe Chief Investment Officer, within his Board-approved authority, approved a $50 million co-investment commitment alongside Partners Group, a LACERA-approved manager, which is compliant with LACERA's co-investment parameters.reported as made at the meeting, no closing date printed
- Dec 10, 2025ApprovedReal estateBoard of Investmentsapproved to hire GCM Grosvenor to implement an emerging manager program for up to $400 million for Real Estatereported as made at the meeting, no closing date printed
- Dec 10, 2025ApprovedReal assetsBoard of Investments$400M to BlackRock, Inc. separate accountBlackRock, Inc. to implement an emerging manager program for up to $400 million for Real Assetsreported as made at the meeting, no closing date printed
- Dec 10, 2025ApprovedHedge / diversifiersBoard of Investments$300M to Aequim Arbitrage separate accountapproved an investment of $300 million in Aequim Arbitrage, a multi-strategy hedge fund managed through a dedicated managed account for LACERAreported as made at the meeting, no closing date printed
- Dec 10, 2025Approvedre-upReal assetsBoard of Investmentsapproved reallocation of $100 million from Orion Mine Finance Co-Fund IV LP to Orion Mine Finance Fundreported as made at the meeting, no closing date printed
- Nov 12, 2025Committed (dated)Hedge / diversifiersBoard of InvestmentsParametric Portfolio Associates, LLP - Investment Management $60,000,000 November 12, 2025 CompletedPassive Cash OverlayPublic plan board and investment committee agendas and minutes