Overview
Los Angeles County Employees Retirement Association is a U.S. public retirement system or public investment organization that supports pension benefits for eligible public-sector employees and beneficiaries.1
The capital pool exists to fund public-sector retirement benefits and related obligations.1
Investment program
- Estimated AUM
- $15B2
- Capital pool
- public pension fund1
- Investment model
- Likely hybrid public-pension model with internal staff, consultants, and external managers; verify from official investment policy or ACFR.1
- Investment approach
- LACERA’s investment beliefs provide a framework for making decisions in a manner consistent with the funds’ long-term investment horizon, and are reflected in our Asset Allocations .3
- Spending support
- Not listed yet
- Spending policy
- Not listed yet
- Asset allocation
- Public evidence references these asset classes or allocation areas: private equity, venture capital, real estate.2
- Performance
- Not listed yet
- Governance
- Stronger Communities." Banner reading “Stay in and Vote” with message about LACERA Board election; person at home completes a ballot form.1
- Investment team
- Jonathan Grabel, Chief Investment Officer Mr.4
- Unfunded commitments
- Not listed yet
- Source freshness
- Last verified Jul 3, 2026 · Needs review
Sources
Last verified Jul 3, 2026 from public career and organization materials.
Fact notes
- Website (lacera.com)Parent organization overview, Pool purpose, Institution type, Capital pool, Headquarters, Investment model, Governance, Investment office page · checked Jul 3, 2026
- Website (lacera.com)Estimated AUM, Asset allocation · checked Jul 4, 2026
- Website (lacera.com)Investment approach · checked Jul 4, 2026
- Website (lacera.com)Investment team · checked Jul 4, 2026
Profile and job sources
- Manual research (lacera.com)Manual research · checked Jul 3, 2026
- Website (lacera.com)Website · checked Jul 4, 2026
- Website (lacera.com)Website · checked Jul 3, 2026
- Website (lacera.com)Website · checked Jul 4, 2026
- Website (lacera.com)Website · checked Jul 4, 2026
- Website (lacera.com)Website · checked Jul 4, 2026
- Primary job/profile sourceJob posting · checked Jul 3, 2026