OCERS approves $175m in commitments

The US public pension has backed global and North America focused funds.

Orange County Employees Retirement System announced commitments of $75 million each to Monroe Capital Private Credit Fund III and Vista Equity Partners Fund VII and $25 million to Hellman & Friedman Capital Partners IX.

The $15.8 billion US public pension has an 8 percent target allocation to private equity that currently stands at 9.2 percent.

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