San Joaquin Retirement Targeting $150M to Private Credit

The San Joaquin County Employees Retirement Association has reviewed their private credit investment plan at the recent November 3 board meeting. 

A presentation from their investment consultant, Meketa, recommends $150 million in commitments annually ($100m-$200m range).

The $3.9 billion pension allocates 9.7% to private credit as of September 2023, with a target allocation of 10%. 

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