ACERA approves $44m in commitments

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

1 November 2017

Alameda County Employees Retirement Association (ACERA) has approved commitments of $35 million to Peak Rock Capital Fund II and $9 million to Peak Rock Capital Credit Fund II.

The $7 billion US public pension has an 18 percent target allocation to private equity that currently stands at 10.3 percent.

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

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