003 · Benchmarks
LA County ERS.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Growth | Multi-Asset / Other | 48% | 40–56%+/-8% | — |
| Global Equity | Public Equity | 29% | 22–36%+/-7% | — |
| Private Equity | Private Equity | 17% | 11–23%+/-6% | — |
| Non-Core Private Real Estate | Real Estate | 2% | 0–4%+/-2% | — |
| Credit | Fixed Income | 13% | 9–17%+/-4% | — |
| Real Assets and Inflation Hedges | Real Assets / Infrastructure | 15% | 11–19%+/-4% | — |
| Core Real Estate | Real Estate | 5% | 2–8%+/-3% | — |
| Natural Resources | Real Assets / Infrastructure | 3% | 1–5%+/-2% | — |
| Infrastructure | Real Assets / Infrastructure | 4% | 1–7%+/-3% | — |
| TIPS | Fixed Income | 3% | 0–6%+/-3% | — |
| Risk Reduction and Mitigation | Multi-Asset / Other | 24% | 16–32%+/-8% | — |
| Investment Grade Bonds | Fixed Income | 13% | 5–21%+/-8% | — |