Alameda County Allocates $55M to Private Equity

September 21, 2022

Written By:
Koncheng Moua, Research Data Analyst

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

marketplace free trial

Tags: Public Pensions

Related Posts

Public Pensions

A CIO Report from the July Board Meeting provides an update on the San Francisco Employees’ Retirement System approved investments.  The Board has approved a $60 million investment with Searchlight...

Public Pensions

The Colorado Fire & Police Pension Fund has committed $55 million between real estate and private equity funds, according to a recently posted board backet for the July 28 meeting. $15 million was...

Public Pensions

The San Francisco Employees’ Retirement System (SFERS) has disclosed up to $550 million in alternative investments, according to meeting materials from the September 15 board meeting. Real Assets $40...


925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481

Learning Center

Dakota Live!