OCERS approves $175m in commitments

The US public pension has backed three North America focused funds.

Orange County Employees Retirement System announced a commitment of $75 million each to Thoma Bravo Fund XIII and Almanac Realty Securities Fund VIII and a commitment of $25 million to Accel-KKR Growth Capital Partners III.

The $15.7 billion US public pension has an 8 percent target allocation to private equity that currently stands at 9.2 percent.

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