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FUNDRAISING NEWS | December 22, 2023

Merced County Employees’ Retirement Association Commits $8 Million to Private Equity

Tags: Pension Funds, Alternative Insights, Private Equity

At the December 14 board meeting, Merced County Employees’ Retirement Association committed $8 million to Wynnchurch Capital Partners VI.

The investment focuses on control buyouts in the industrial and manufacturing sectors.

Cliffwater assisted with the commitment.

As of September 30, 2023 the $1.1 billion Retirement Association currently allocates 14.5% to private equity, with a target of 15%.

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!

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Written By: Morgan Holycross, Marketing Manager

Morgan Holycross is a Marketing Manager at Dakota.

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