Merced ERA Commits $20M to Private Credit

The Merced County Employees’ Retirement Association has approved a $20 million commitment to the One WIlliam Street Credit Opportunity Fund.

The investment was approved at the May 25 board meeting, according to meeting minutes.

As of May 31, 2023, the $1.1 billion Retirement Association has an actual and target allocation to Opportunistic Credit of 5% and 5% respectively.

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.