Merced ERA Commits $20M to Private Credit

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

The Merced County Employees’ Retirement Association has approved a $20 million commitment to the One WIlliam Street Credit Opportunity Fund.

The investment was approved at the May 25 board meeting, according to meeting minutes.

As of May 31, 2023, the $1.1 billion Retirement Association has an actual and target allocation to Opportunistic Credit of 5% and 5% respectively.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Recent Posts

January 26, 2024

San Antonio Police and Fire Commits $20M to Infrastructure

According to meeting notes from the December 13th, 2023 board meeting, the San Antonio Police and...

July 28, 2023

Stanislau County ERA Commits $20M to Private Credit

The Stanislau County Employees’ Retirement Association has approved a $20 million commitment to the...

February 14, 2024

Colorado Fire & Police Commit $81.7M to Alts

The Colorado Fire and Police Pension Association approved four recent commitments to alternatives,...