Name: Kern County Employees’ Retirement Association (KCERA)
Headquarters: Bakersfield, US
AUM: $5.93 billion
Current Allocation to Private Debt: 5.9%
Target Allocation to Private Debt: 8%
Kern County Employees’ Retirement Association recently committed $25 million to the Magnetar Structured Solutions Fund, which launched in January and is managed by Evanston based Magnetar Capital.