Merced ERA Commits $28M to Private Credit

Tags: Pension Funds, Alternative Insights, Private Credit

The Merced County Employees' Retirement Association has made two private credit commitments totaling up to $28 million, according to meeting minutes from the April board meeting.

$20 million was committed to Ares Senior Direct Lending Fund III.

$8 million was committed to Taconic Credit Dislocation Fund IV.

Cliffwater assisted with the investment recommendations.

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!

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

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

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Merced ERA Commits $28M to Private Credit

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