Institution: Ventura County Employees Retirement Association
Headquarters: Ventura, United States
Allocation to alternatives: 20.10%
Ventura County Employees Retirement Association announced a commitment of $50 million to HarbourVest Real Assets Fund IV.
As illustrated in the charts below, the $5.57 billion US public pension has a 13 percent target allocation to private equity that currently stands at 4.60 percent. VCERA has committed a total of $130 million to private equity in 2019.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.