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San Diego's LM Capital Group Receives Additional $450 Million Institutional Investment from Los Angeles County Employees Retirement Association.

Publication: Business Wire
Publication Date: 27-JAN-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

SAN DIEGO--(BUSINESS WIRE)--Jan. 27, 2004

LM Capital Group LLC, a leading San Diego-based fixed income investment manager for institutional clients, today announced that it has received an additional $450 million in funds from the Los Angeles County Employees Retirement Association (LACERA). LACERA now has a total of $510 million invested in LM Capital's Opportunistic Core Fixed Income strategy.

LM Capital, which was retained by LACERA in 2001 under its Emerging Manager Program, received an additional allocation of funds to manage on behalf of LACERA, which administers and manages the retirement fund for the...

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