FUNDRAISING NEWS | July 27, 2023
The Contra Costa County Employees’ Retirement Association has disclosed three alternative investments totaling up to $175 million, according to meeting materials from the July 26 board meeting.
$75 million was committed to the buyout fund, Genstar Capital Partners XI.
In real estate, $60 million was committed to the EQT Exeter Industrial Value Fund VI. Additionally, $40 million was committed to the EQT Exeter Multi-Family Value Fund II.
As of March 31, 2023, the $10.3 billion Retirement Association allocates approximately 12.7% to private equity and 7.6% to real estate.
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Koncheng Moua is the Director of Data Management and Strategy at Dakota.
