Contra Costa Commits $200M to Hedge Funds

The Contra Costa County Employees’ Retirement Association approved an allocation of $200 million to hedge funds, according to materials from the March 27th board meeting. 

$200 million was allocated to BH-DG Systematic Trading Fund. 

This allocation represents a new relationship for CCCERA. 

It will be included in their Risk Diversifying Sub-Portfolio along with the three existing managers in that sleeve, AFL-CIO HIT and Sit LLCAR. 

As of December 31, 2023, CCCERA was valued at approximately $11 billion. 

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