US pension fund LACERS commits $25m to Baring Asia’s seventh fund Nguyen Thi Bich Ngoc January 11, 2019 PremiumThe Los Angeles City Employees’ Retirement System (LACERS) has announced a $25-million commitment in Baring Asia Fund VII, a $5.5-billion fund managed by Hong Kong-based Baring Private Equity Asia. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at firstname.lastname@example.org.