Institution: Ventura County Employees’ Retirement Association
Headquarters: Ventura, California, US
AUM: $7.2 billion
Allocation to private equity: 18.3%
In its March 27 board meeting, VCERA proposed to commit $75 million to LaSalle Value Partners IX, and reviewed its recent PE fund commitments as of February 28.
The pension also recommended new commitments of up to $235 million to private equity funds in 2023, and reviewed its private equity allocation strategy from Q4 2022.
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