LACERA appoints Cheyne Capital to manage $750m credit mandate
The Los Angeles County Employees’ Retirement Association (LACERA) has appointed Cheyne Capital Management to oversee a multi-asset credit mandate. The pension fund has approved an investment of up to $750m (£555.3m) in a multi-asset credit hedge fund strategy run by Cheyne…
The Los Angeles County Employees’ Retirement Association (LACERA) has appointed Cheyne Capital Management to oversee a multi-asset credit mandate. The pension fund has approved an investment of up to $750m (£555.3m) in a multi-asset credit hedge fund strategy run by Cheyne…
BELLINGS Intelligence Score: 12
Why it matters
LACERA's appointment of Cheyne Capital to manage a $750m credit mandate is a routine institutional investment decision without broader market or systemic implications.
Sources
Alternative Credit Investor
LACERA appoints Cheyne Capital to manage $750m credit mandate
The Los Angeles County Employees’ Retirement Association (LACERA) has appointed Cheyne Capital Management to oversee a multi-asset credit mandate. The pension fund has approved an investment of up to $750m (£555.3m) in a multi-asset credit hedge fund strategy run by Cheyne…