LA Fire & Police Awards $141M Mandates

Los Angeles Fire & Police Pension System has granted $141 million worth of mandates to six private equity funds.

Los Angeles Fire & Police Pension System has granted $141 million worth of mandates to six private equity funds, Pensions & Investments reports. The BDCM Opportunity Fund III, the GTCR Fund X and the Baring Asia Private Equity Fund V have received $25 million each from the system.

The $14 billion system has committed $20 million each to the Polaris Venture Partners and the Insight Venture Partners VII. The BC European Capital IX has also got $26 million from the system.

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