Merced Employees' Commits $8M to PE

The Merced County Employees’ Retirement Association has approved a $8 million commitment to Thoma Bravo Discover Fund V, according to minutes from the June 27th Board meeting. 

This commitment represents a continued partnership for MercedCERA, having previously allocated to Thoma Bravo’s Discover Fund III and IV.

As of April 30, 2024, the $1.2 billion pension plan allocates approximately 14.8% to private equity with a target of 15%.

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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