VCERA commits $55m to private debt

The US pension fund approved two commitments to the asset class during Q4 2023.

Institution: Ventura County Employees’ Retirement Association
Headquarters: 
Ventura, US
AUM: 
$7.4 billion
Allocation to private debt:
6.9%

Ventura County Employees’ Retirement Association approved two private debt commitments worth a total of $55 million in Q4 2023, according to its 22 January business meeting materials. The public pension fund committed $25 million to PIMCO Aviation Income Partners II, as well as $30 million to Pantheon Credit Opportunities III. It previously committed $40 million to Pantheon Credit Opportunities II in 2022.

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