A look at LAFPP’s diversity investment program

A look at how Los Angeles Fire and Police Pension System invests for diversity.

Complementing this month’s cover story on the diversity, equity and inclusion efforts of private equity giants Blackstone, KKR and Carlyle, Carmela Mendoza takes a look at one major investor’s own specialized programs to promote diversity.

The Los Angeles Fire and Police Pension System has committed more than $620 million to 63 diverse and emerging managers since the inception of its specialized manager program in 2007, Carmela writes in her deep-dive analysis of the investor’s D, E & I efforts.