Ventura County Commits $75M to Real Estate; Reviews 2023 Commitment Pacing

The Ventura County Employees’ Retirement Association has made a $75 million commitment to LaSalle Value Partners US IX.

The value-add real estate fund recommendation comes out of the $7.2 billion retirement system’s March 27 board meeting.

Also discussed in the meeting were the 2023 commitment targets for private equity and private credit.

For private equity, Abbott Capital recommended targeting $235 million. 

For private credit, NEPC recommends a target of $225 million.

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