LP Tearsheet

VCERA approves $100m in commitments

The US public pension has recently backed two North America focused funds.

By
Sheikh Jahan
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Institution: Ventura County Employees Retirement Association
Headquarters: Ventura, United States
AUM: $5.57bn
Allocation to alternatives: 20.10%
Bitesize: $10-$50m

Ventura County Employees Retirement Association announced a commitment of $25 million to Bridge Debt Strategies Fund III and an additional $25 million to PIMCO Private Income Fund.

The $5.57 billion US public pension has a 20.10 percent allocation to alternative investments. As illustrated in the charts below, the pension has made two commitments to private debt funds in 2019, totaling $100 million.

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