TCERA rehires Verus Advisory as investment consultant

The US public pension has extended its relationship with its investment consultant.

Institution: Tulare County Employees Retirement Association
Headquarters: Visalia, US
AUM: $1.97 billion
Allocation to alternatives: 19.8%

Tulare County Employees Retirement Association has rehired Verus Advisory as its investment consultant, a contact at the pension confirmed to Private Debt Investor.

The pension chose to continue its relationship with the investment consultant after completing its RFP process earlier this year, as reported by Private Debt Investor.

As illustrated below, TCERA currently allocates 4.4 percent of its investment portfolio to private debt. As of 31 July, the value of its private debt portfolio was approximately $87.2 million. The pension’s retirement administrator is Leanne Malison.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.