Contra Costa Commits $230M to Private Equity

The Contra Costa County Employees’ Retirement Association made four allocations of approximately $230 million to private equity, according to materials from the August 14th Board meeting.

€65 million ($70M) was committed to Altor Climate Transition Fund I, €50 million ($55M) to BlackFin Financial Services Fund IV, €50 million ($55M) to Castik Capital EPIC III, and $50 million to Arbor Investments Fund VI.

As of June 30, 2024, the $11.3 billion pension fund allocates approximately 9.9% to private equity with a target allocation of 13%. 

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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