Merced County Allocates $8M to Real Assets

According to minutes from the April 25th Board meeting, the Merced County Employees’ Retirement Association approved a commitment of $8 million to KKR Global Infrastructure Investors V, a private infrastructure partnership focused on large, global investments. 

This commitment represents an existing relationship for the fund. Other managers within their private infrastructure portfolio include Morgan Stanley, Ardian, ISQ, and BlackRock. 

As of March 31, 2024, the $1.2 billion pension fund allocates approximately 5.3% to real assets. 

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.


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