FUNDRAISING NEWS | December 16, 2022
Kern County Employees’ Retirement Association has made a $30 million commitment to a private equity fund, Accel-KKR Capital Partners VII.
The $5 billion pension fund’s private equity consultant, Cambridge Associates, assisted with the recommendation.
As of October 31, 2022, Kern County ERA had an actual and target allocation to private equity of 3.1% and 5% respectively.
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.
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