MCERA approves $15m commitment

The US public pension has backed a North America-focused fund.

9 November 2016

Marin County Employees' Retirement Association has approved a $15 million commitment to Private Equity Fund Investors 9 based on a reduced fee.

The $2 billion US public pension has an 8 percent target allocation to private equity that currently stands at 9.1 percent.

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

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