---
title: Alameda County Allocates $78M to Credit, Private Equity
description: Alameda County Allocates $78M to Credit, Private Equity.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/san_francisco-Dec-07-2021-05-11-11-12-PM-Apr-04-2024-11-25-39-2071-PM.jpg
---

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

**

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

# Alameda County Allocates $78M to Credit, Private Equity

**Written by: ** John Washington, Data Research Analyst 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/san_francisco-Dec-07-2021-05-11-11-12-PM-Apr-04-2024-11-25-39-2071-PM.jpg)

The Alameda County Employees Retirement Association (ACERA) has committed $78 million to two alternative funds, according to meeting minutes from the April 12 investment meeting. 

Up to $38 million was committed to Crestline Opportunity Fund V, a private credit fund managed by Crestline Investors.

Up to $40 million was committed to the buyout fund, Genstar Capital Partners XI, managed by Genstar Capital.

As of December 31, 2022, the $11.3 billion pension fund allocates 9.6% to private equity and 2.6% to private credit. They have target allocations of 11% and 4% to these asset classes respectively.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

**

 Tags: [Credit](https://dakotafunds.com/dakota-funds/tag/credit), [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Private Equity](https://dakotafunds.com/dakota-funds/tag/private-equity)

### Recent Posts

[EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners)   
April 04, 2024

[JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant)   
April 04, 2024

[$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary)   
April 03, 2024

[Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative)   
April 03, 2024

[NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate)   
April 03, 2024

## Related Blogs

<https://dakotafunds.com/dakota-funds/fundraising-news/louisiana-trs-commits-250m-to-alts-finalizes-small-cap-search>

May 10, 2023

#### Louisiana TRS Commits $250M to Alts; Finalizes Small Cap Search

 The Teachers’ Retirement System of Louisiana has approved two alternative investments totaling up...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/louisiana-trs-commits-250m-to-alts-finalizes-small-cap-search)

<https://dakotafunds.com/dakota-funds/fundraising-news/new-york-city-ers-commits-290.7m-to-alts>

January 22, 2024

#### New York City ERS Commits $290.7M to Alts

 New York City Employees’ Retirement System disclosed fourteen commitments totaling $290.7 million...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/new-york-city-ers-commits-290.7m-to-alts)

<https://dakotafunds.com/dakota-funds/fundraising-news/miami-beach-erp-hires-burgess-chambers-for-investment-consulting>

January 11, 2024

#### Miami Beach ERP Hires Burgess Chambers for Investment Consulting

 According to notes from the October 10th board meeting, the Miami Beach Employees’ Retirement Plan...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/miami-beach-erp-hires-burgess-chambers-for-investment-consulting)

![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "John Washington, Data Research Analyst",
    "url" : "https://dakotafunds.com/dakota-funds/author/john-washington-data-research-analyst"
  },
  "dateModified" : "2024-04-04T23:26:35.467Z",
  "datePublished" : "2023-05-01T04:00:00.000Z",
  "headline" : "Alameda County Allocates $78M to Credit, Private Equity",
  "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/san_francisco-Dec-07-2021-05-11-11-12-PM-Apr-04-2024-11-25-39-2071-PM.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/alameda-county-allocates-78m-to-credit-private-equity",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject"
    },
    "name" : "Dakota Funds Group"
  }
}
```