FUNDRAISING NEWS | May 21, 2024
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.
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! 
Helen Bascom is a Marketing Associate at Dakota.
