Scale of assets LACERA manages a substantial pension fund and post-employment benefit trusts totaling around 87 billion, indicating potential demand for robust data analytics, compliance, cybersecurity, and scalable cloud solutions to support large-scale fund administration and reporting.

Member services emphasis With over 198,000 members and retirees served, there are opportunities to tailor customer experience platforms, self-service portals, and outreach automation to improve member engagement, enrollment efficiencies, and benefit administration.

Public sector governance Dual-board governance structure and public stakeholder advocacy suggest a need for governance, risk, and compliance solutions, as well as enterprise collaboration tools that support transparent decision-making and regulatory reporting.

Technology footprint Existing tech stack includes Drupal, Microsoft 365, Pantheon, and legacy languages like Java and PHP, signaling opportunities for modernization services, integration projects, and modernization of legacy applications to enhance security and usability.

Investment priority As a large-invested fund with a focus on prudent management, LACERA could benefit from advanced data analytics, AI-driven investment insights, and performance reporting tools to optimize asset allocation and demonstrate fiduciary diligence to stakeholders.