Contra Costa CERA Commits $245M to Alts

Written by: Jane Bailey, Marketing Associate

The Contra Costa County Employees Retirement Association has approved three commitments to alternatives totalling $245 million according to materials from their December 13th board meeting.

In real assets, $125 million was allocated to EQT Infrastructure VI. 

In private equity, $60 million was allocated to KSL Capital Partners Fund VI.

In real estate, $60 million was allocated to Ares US Real Estate Opportunity Fund IV.

As of October 31, 2023, the $10.6 billion Retirement Fund has an actual and target asset allocation to private equity of 12.7% and 13% respectively. 

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