Alexander Lee

Alexander Lee is an Investment Officer for the Los Angeles Water and Power Employees' Retirement Plan (WPERP), where he is responsible for the plan's private equity mandate. WPERP is the retirement system serving employees of the Los Angeles Department of Water & Power, one of the largest municipal utilities in the United States, and Lee sits on its small in-house investment management team overseeing commitments to outside private equity funds and co-investments.

He brings more than twenty years of experience in investment management across both public and private markets. He began his career in Southeast Asia trading public equities and fixed income (with early experience tied to China Bank in the Philippines). Immediately prior to WPERP, he served as a Portfolio Manager for Private Equity and Real Assets at CHRISTUS Health, a Catholic not-for-profit health system based in Irving, Texas, where he helped manage the system's alternative-asset allocations.

Lee holds an MSc in Risk and Asset Management from EDHEC Business School and a BS in Biology and Chemistry from Houston Baptist University (now Houston Christian University). He is a Chartered Alternative Investment Analyst (CAIA) and serves as a Chapter Executive for the CAIA Southwest chapter. Outside of work he is an outdoors enthusiast, listing overlanding, mountain biking, and backpacking among his interests.

• Acts as a limited partner (LP), allocating pension capital to third-party private equity funds and co-investments — he does not write checks directly into operating startups.
• Runs WPERP's PE program under a formal private equity pacing plan, committing steadily across vintage years rather than making opportunistic one-off bets.
• Typical fund commitments have ranged from roughly $30M (co-investments) to $75M–$120M (primary funds).
• Focus spans buyout, growth equity, and co-investment strategies, with exposure to technology- and healthcare-oriented managers.
• His stated professional background emphasizes private equity and real assets across "both public and private markets," reflecting a diversified, institutional, risk-managed approach (consistent with his CAIA alternatives credential and EDHEC risk-management training).