FINANCIAL_SERVICESONGOING

LACERA Maintains $570 Million KKR Infrastructure Investment

LACERA maintains a $570 million infrastructure investment in a KKR commingled fund. The manager update also reports KKR’s agreement to pay a $250 million settlement to the U.S. Justice Department.

Document date · September 16, 2026

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TerraCycle logo
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WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$570 million in LACERA AUM
Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
Los Angeles County Employees Retirement Association Agenda Special Meeting of the Board of Investments and Board of Retirement 2026-09-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Los Angeles County Employees Retirement Association?

KKR was awarded this financial services contract by Los Angeles County Employees Retirement Association, as recorded on September 16, 2026. The contract value is $570 million in LACERA AUM.

How much is the KKR contract with Los Angeles County Employees Retirement Association worth?

The KKR contract with Los Angeles County Employees Retirement Association is valued at $570 million in LACERA AUM, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Los Angeles County Employees Retirement Association Agenda Special Meeting of the Board of Investments and Board of Retirement 2026-09-16 (Agenda), dated September 16, 2026 from Los Angeles County Employees Retirement Association. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does KKR hold?

KKR may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View KKR's profile

What is Los Angeles County Employees Retirement Association currently buying?

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