---
title: Merced ERA Commits $28M to Private Credit
description: Merced ERA Commits $28M to Private Credit.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/san_fran_pensions-3-1.jpg
---

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# Merced ERA Commits $28M to Private Credit

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

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/san_fran_pensions-3-1.jpg)

The Merced County Employees' Retirement Association has made two private credit commitments totaling up to $28 million, according to meeting minutes from the April board meeting.

$20 million was committed to Ares Senior Direct Lending Fund III.

$8 million was committed to Taconic Credit Dislocation Fund IV.

Cliffwater assisted with the investment recommendations.

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 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Private Credit](https://dakotafunds.com/dakota-funds/tag/private-credit)

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