At the December 14 board meeting, Merced County Employees’ Retirement Association committed $8 million to Wynnchurch Capital Partners VI.
The investment focuses on control buyouts in the industrial and manufacturing sectors.
Cliffwater assisted with the commitment.
As of September 30, 2023 the $1.1 billion Retirement Association currently allocates 14.5% to private equity, with a target of 15%.
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