Institution: San Mateo County Employees’ Retirement Association
Headquarters: Redwood Shores, United States
Allocation to alternatives: 16.90%
San Mateo County Employees’ Retirement Association approved a $15 million commitment to Angelo Gordon Credit Solutions Fund.
The $4.25 billion US public pension has a 7.00 percent target allocation to private equity that currently stands at 6.80 percent.
As illustrated in the charts below, it’s SamCERA’s fourth commitment to private equity funds in 2019, totaling $80 million.
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