VCERA approves $55m in commitments

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

Ventura County Employees Retirement Association approved commitments of $30 million to Adams Street Co-Investment Fund IV and $25 million to Monroe Capital Private Credit Fund III.

The $5.4 billion US public pension has a 10 percent target allocation to private equity that currently stands at 4.6 percent.

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