ACERA decreases target allocation to private equity

The US public pension's target allocation to private equity has dropped to 8%.

Institution: Alameda County Employees’ Retirement Association (ACERA)
Headquarters: Oakland, United States
AUM: $8.19bn
Allocation to alternatives: 17.10%
Bitesize: $10-50m

Alameda County Employees’ Retirement Association has adjusted its target allocation to private equity investments from 9 percent to 8 percent.

As illustrated in the charts below, the $8.19 billion US public pension has a current allocation to private equity of 6.35 percent. Ms. Betty Tse is the current Chief Investment Officer.

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