Susan Liem
Commissioner; Elected by Active Members
Current Term: 10/14/2025 – 06/30/2028
Susan Liem was elected to the Board of Administration by active LACERS Members in October 2025. She currently serves as Director of Private Markets at Los Angeles Fire and Police Pensions (LAFPP), where she oversees the Private Equity and Private Credit programs. With over 19 years in the Investments Division, Susan has developed extensive investment experience across a broad range of asset classes, including equities, fixed income, commodities, hedge funds, and private market investments.
Beyond her professional role, Susan serves as Co-Treasurer for the LA City Employees Asian American Association (LACEAAA) and is a 23-year U.S. military veteran, having served in the Navy Reserve. She holds a BA in Economics and an MBA.