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VCERA approves $35m commitment

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

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Ventura County Employees Retirement Association approved a commitment of $35 million to HarbourVest Partners Co-investment Fund V.

The $5.34 billion US public pension has a 10 percent target allocation to private equity that currently stands at 4.6 percent.

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