Institution: Orange County Employees Retirement System (OCERS)
Headquarters: Santa Ana, United States
Allocation to alternatives: 37.94%
Orange County Employees Retirement System announced commitments of $75 million to BlueBay Direct Lending Fund III, $16.67 million to Spark Capital VI and $33.33 million to Spark Capital Growth III.
As illustrated in the charts below, the $15.29 billion US public pension has an 8 percent target allocation to private equity that currently stands at 9.42 percent. These are OCERS’ first three private equity commitments of 2019, which combined constitute $125 million.
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