The Alameda County Employees’ Retirement System (ACERA) finalised an overall commitment of up to $10 million to Khosla Ventures VI and Khosla Ventures Seed D at its March board meeting, spokesman Michael Fara confirmed via email.
ACERA previously committed $10 million to Khosla Ventures V in 2014.
The $7.3 billion US public pension has an 18 percent target allocation to private equity that currently stands at around 10 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.
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