Baring Asia receives $25m LP commitment from LACERS
The Los Angeles City Employees’ Retirement System (LACERS) has committed $25 million to Baring Private Equity Asia’s seventh pan-regional fund, the same amount it committed to the GP’s previous vehicle.
Baring reached a first close of $4.5 billion on the fund in July, with a hard cap of $6.5 billion. Additional LPs include Los Angeles Fire & Police Pensions (LAFPP), which also committed $25 million to...
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