January 11, 2025 - 00:50
In a significant move to bolster its investment portfolio, LACERA has announced plans to commit more than $2 billion to real estate in 2025. The pension plan is strategically focusing on core assets, which are expected to provide stable returns and long-term growth potential. This decision reflects a growing trend among institutional investors to allocate capital to real estate as a hedge against inflation and market volatility.
Additionally, LACERA is set to launch an emerging manager program aimed at identifying and partnering with new and diverse investment managers. This initiative is designed to enhance the pension plan's investment strategies and support underrepresented firms in the real estate sector. By diversifying its investment approach, LACERA aims to achieve a balanced portfolio that not only meets the needs of its beneficiaries but also contributes to the overall economic development of the communities it serves. This ambitious plan underscores LACERA's commitment to sustainable and impactful investing in the real estate market.
