VCERA commits $25m and approves 3% target allocation

The US public pension has backed a North America focused fund and target allocation to private credit.

-

Ventura County Employees Retirement Association approved a commitment of $25 million to Monroe Capital Private Credit Fund III and approved a three percent target allocation to private credit.

The $5.4 billion US public pension now has a 3 percent target allocation to private credit.

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