Santos Kreimann

LACERA?s Board of Investments is responsible for establishing investment policies, strategies, and objectives, as well as exercising authority and control over the investment management of the fund and actuarial matters relating to setting of contributions and estimation of fund liabilities. The firm seeks to achieve the fund?s assumed rate of return over the long-term and mitigate investment risks through fund diversification. Passive management is the preferred structure for investment management, with flexibility for active strategies to add value.