The Contra Costa County Employees’ Retirement Association (CCCERA) has recently made commitments to three private equity funds according to meeting materials from the December 14 board meeting.
$100 million was committed to both Hellman & Friedman XI and GTCR XIV, both buyout strategies across sectors including healthcare, technology, and financial & business services. $50 million was committed to STG Fund VII, which will focus on Software-enabled service businesses.
As of June 30, 2022, the $10 billion pension fund allocates 14.1% to private equity.
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