--- title: Orange County Commits $340M across Opportunistic Credit, Real Estate, Private Equity Co-Investments description: Orange County Commits $340M across Opportunistic Credit, Real Estate, Private Equity Co-Investments. image: https://dakotafunds.com/hubfs/Imported_Blog_Media/derek-liang-N61-GGQAp6Y-unsplash.jpg --- [![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com) - [ About ](https://dakotafunds.com/about-us) - [ Team ](https://dakotafunds.com/team-update) - [ Partners ](https://dakotafunds.com/clients) - [ Contact ](https://dakotafunds.com/contact-us-update) [![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com) ** - [ About ](https://dakotafunds.com/about-us) - [ Team ](https://dakotafunds.com/team-update) - [ Partners ](https://dakotafunds.com/clients) - [ Contact ](https://dakotafunds.com/contact-us-update) # Orange County Commits $340M across Opportunistic Credit, Real Estate, Private Equity Co-Investments **Written by: ** Koncheng Moua, Director of Data Management and Strategy ![](https://dakotafunds.com/hubfs/Imported_Blog_Media/derek-liang-N61-GGQAp6Y-unsplash.jpg) The Orange County Employees Retirement System (OCERS) has disclosed $340 million in alternative investments, according to meeting materials from the August 24 Board meeting.  **Opportunistic Credit** $150 million was committed to Silver Rock Orange Fund, managed by Silver Rock Financial. The Fund is an opportunistic credit investment that targets growth-oriented investments that are recession resistant. As of June 30, 2022, OCERS has an actual and target allocation to opportunistic credit of 0.5% and 1.5% respectively. **Real Estate** $125 million was committed to Cortland Growth and Income Fund. The Core Plus real estate fund is focused on multifamily properties. Additionally, $50 million was committed to EQT Exeter Industrial Value Fund VI. Fund VI, will target value-add opportunities in the U.S. As of June 30, 2022, OCERS has an actual and target allocation to real assets of 13% and 12% respectively. **Private Equity Co-Investments** $5 million was committed to co-investment fund, MPII-COI-NMI, managed by ArchiMed. The fund will focus on leveraged buyout co-investments in a U.S. healthcare company. Finally, $10 million was committed to Project Alpine Co-Invest Fund, managed by Thoma Bravo, which will focus on leveraged buyout co-investments in a global cloud-based connected planning software. As of June 30, 2022, OCERS has an actual and target allocation to private equity of 16.9% and 13% 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](https://www.dakota.com/dakota-marketplace)!* Tags: [Credit](https://dakotafunds.com/dakota-funds/tag/credit), [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Real Estate](https://dakotafunds.com/dakota-funds/tag/real-estate), [Private Equity](https://dakotafunds.com/dakota-funds/tag/private-equity) ### Recent Posts [EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners) April 04, 2024 [JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant) April 04, 2024 [$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary) April 03, 2024 [Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative) April 03, 2024 [NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate) April 03, 2024 ## Related Blogs November 22, 2022 #### Illinois Municipal Retirement Commits $340M to Alternatives; Considers Emerging Markets Search The Illinois Municipal Retirement Fund (IMRF) has disclosed seven alternative investments totaling... 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[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/missouri-lagers-discloses-345m-in-new-investments) ![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Koncheng Moua, Director of Data Management and Strategy", "url" : "https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy" }, "dateModified" : "2024-04-04T23:20:53.973Z", "datePublished" : "2022-08-30T04:00:00.000Z", "headline" : "Orange County Commits $340M across Opportunistic Credit, Real Estate, Private Equity Co-Investments", "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/derek-liang-N61-GGQAp6Y-unsplash.jpg" ], "mainEntityOfPage" : { "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/orange-county-commits-340m-across-opportunistic-credit-real-estate-private-equity-co-investments", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject" }, "name" : "Dakota Funds Group" } } ```