Contra Costa ERA Commits $175M to Private Equity, Real Estate

Written by: Koncheng Moua, Director of Data Management and Strategy

The Contra Costa County Employees’ Retirement Association has disclosed three alternative investments totaling up to $175 million, according to meeting materials from the July 26 board meeting.

$75 million was committed to the buyout fund, Genstar Capital Partners XI. 

In real estate, $60 million was committed to the EQT Exeter Industrial Value Fund VI. Additionally, $40 million was committed to the EQT Exeter Multi-Family Value Fund II.

As of March 31, 2023, the $10.3 billion Retirement Association allocates approximately 12.7% to private equity and 7.6% to real estate.

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