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.
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, 2026Consultant changedLos Angeles County Employees Retirement Association (LACERA), Board of Investments selects Klausner Kaufman and Nossaman as general consultant
- Jul 8, 2026Consultant changedLos Angeles County Employees Retirement Association (LACERA), Board of Investments selects State Street Bank and Trust Co. as custodianwith State Street Bank & Trust Companylacera.gov
- Apr 8, 2026Consultant changedLos Angeles County Employees Retirement Association (LACERA), Board of Investments selects StepStone Group LP as specialist consultantwith Stepstone Group LLClacera.gov