News & Analysis

LAFPP commits to Charlesbank

The public pension confirmed a $20m commitment to Charlesbank Credit Opportunities Fund III during a recent board meeting.

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Institution: Los Angeles Fire & Police Pension System
Headquarters: Los Angeles, US
AUM: $29.4 Billion

The Los Angeles Fire & Police Pension System has committed to a fund managed by Boston-based Charlesbank Capital Partners.

The public pension confirmed a $20 million commitment to Charlesbank Credit Opportunities Fund III in a recent board meeting. The fund targets subordinated/mezzanine corporate debt in North America.

The fund was launched in June 2022 and recently reached a first close of $973.85 million.

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