TLDR:
– LA Fire and Police pension plans to invest $200 million in venture capital and growth funds in 2024.
– The pension committed $77.5 million to five venture funds in 2023.
The Los Angeles Fire and Police pension fund is set to increase its pace of private equity investments. The pension aims to invest about $200m in venture capital and growth funds this year, after committing a combined $77.5m to five venture funds in 2023.