Alameda County Allocates $55M to Private Equity

The Alameda County Employees’ Retirement Association (ACERA) has committed $55 million to Audax Private Equity Fund VII.

Audax targets investments in six core industries including business services, consumer, financial services, healthcare, industrial services & technologies, and software & technologies.

As of March 31, 2022, ACERA has an actual and target allocation to private equity of 8.6% and 11% respectively.

The $11 billion Retirement Association’s consultant, Verus, assisted with the recommendation.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

Related Content

Virginia Retirement Commits $1.5B to Alts, Ends Nitorum, Orchard Investments
February 06, 2025

NY State Common Commits $1.5B to Alts in December 2024
February 05, 2025

FCERA Commits $140M to Alts, Invites FI Picks, Targets $125M for Private Markets
February 05, 2025

LACERS Makes $395.1M in Alts Investments, Reviews Q3 2024 Performance
January 17, 2025

LACERA Approves $2.2B in Commitments to Seven Alts Funds
January 03, 2025

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Alameda County Allocates $55M to Private Equity

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company