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%.

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: Morgan Holycross, Marketing Manager

Morgan Holycross is a Marketing Manager at Dakota.

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