Los Angeles City Employees' Retirement System (LACERS)
Los Angeles City Employees' Retirement System (LACERS) is a government agency founded in 1937 in the United States. LACERS provides retirement benefits to the civilian employees of the City of Los Angeles, representing three-fifths of the City's workforce. The agency administers pension benefits and retiree healthcare while managing the pension fund portfolio, with a commitment to delivering the best experience for its nearly 26,000 active members and over 22,500 retirees and beneficiaries. Preferred industries include Diversified Conglomerates, Aerospace, Agribusiness, Automobiles/Other Vehicles & Parts, Biotechnology, Business Services, Chemicals, Real Estate, Construction, Consumer Discretionary, Consumer Products (CPG/FMCG), Consumer Services, Defence, Education/Training, Hardware, Energy & Utilities, Environmental Services, Insurance, Financial Services, Food & Beverage, Healthcare, Healthcare Specialist, Industrial Machinery, Industrials, IT Services, Information Technology, Software/Internet, Logistics & Distribution, Marketing/Advertising, Manufacturing, Media (Text/Video/Audio), Medical Devices & Equipment, Oil & Gas, HR & Recruitment, Packaging, Pharmaceuticals, Power & Utilities, Raw Materials & Natural Resources, Renewable Energy, Retail, Transportation Services, Telecoms & Data, Telecoms & Media, Travel & Leisure. Preferred verticals include 3D Printing, AdTech, AgriTech, Artificial Intelligence (AI)/Machine Learning, Augmented Reality (AR)/Virtual Reality (VR), Data Services, Blockchain, CleanTech, Cloud Computing, Ecommerce, EduTech, Electric & Hybrid Vehicles, FinTech, HealthTech, InsureTech, IoT (Internet of Things), Apps, Nanotechnology, PropTech, RegTech, Research, Robotics, SaaS, Social Media, Smart City, and Wearables. The preferred routes to market include Primary Funds and Secondary Funds, with first-time funds also considered.