Montréal, March 24, 2022 – Innocap is pleased to announce that the Los Angeles County Employees Retirement Association (LACERA), the largest county retirement system in the United States, has selected Innocap to provide dedicated managed account platform (DMAP) services across various asset classes. As at June 30, 2021, LACERA’s fund balance stood at over US$73 billion serving more than 185,000 active and retired members.

“This alliance is a testament to Innocap’s reputation as a leader in the DMA industry,” said François Rivard, Innocap’s President and CEO. Its business model for large, sophisticated institutional investors such as LACERA, is built on dedicated in-house expertise and data-driven technology needed to articulate these large-scale mandates. Innocap’s capabilities allow institutional investors like LACERA to customize risk, legal and operational frameworks to increase transparency and control over their assets.

Innocap also shares LACERA’s commitment to advancing diversity, equity and inclusion (DEI). LACERA’s T.I.D.E. (“Towards Inclusion, Diversity and Equity”) initiative considers DEI in the investment process and when evaluating investment partners. At Innocap, women represent 57% of Innocap’s board members and 50% of its senior management.

Through this partnership, Innocap continues to strengthen its position in the pension fund arena, building on its expertise in this segment working with many of the largest public pension plans. Last year, Innocap was named “Best Managed Account Platform” at the Hedgeweek European Awards 2021, an important recognition from asset owners around the world.

Innocap is pleased to support LACERA as it pursues its strategic objectives in order to effectively serve its members.

Benoit Desbiens
+1 514-390-7446
benoit.desbiens@innocap.com