OCERS approves $75m commitment

The US public pension has backed a Europe focused private equity fund.

Institution: Orange County Employees Retirement System (OCERS)
Headquarters: Santa Ana, United States
AUM: $15.29bn
Allocation to alternatives: 37.94%

Orange County Employees Retirement System announced a commitment of $75 million to BlueBay Direct Lending Fund III.

As illustrated in the charts below, the $15.29 billion US public pension has a 13 percent target allocation to private equity that currently stands at 11.29 percent.

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