US pension fund LACERS commits $25m to Baring Asia's seventh fund

US pension fund LACERS commits $25m to Baring Asia's seventh fund

The Los Angeles City Employees’ Retirement System (LACERS) has announced a $25-million commitment to Baring Asia Fund VII, a $5.5-billion fund managed by Hong Kong-based Baring Private Equity Asia.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter