FUNDRAISING NEWS | April 25, 2023
The San Mateo Employees’ Retirement Association has made a $20 million commitment to Genstar Capital Partners XI.
The private equity investment was disclosed in meeting minutes from the March 28 board meeting.
As of December 31, 2022, the $5.6 billion retirement association has an actual and target allocation to private equity of 6.6% and 7% respectively.
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Koncheng Moua is the Director of Data Management and Strategy at Dakota.
