--- title: Orange County Commits $385M to Alternatives description: Orange County Commits $385M to Alternatives. image: https://dakotafunds.com/hubfs/Imported_Blog_Media/derek-liang-N61-GGQAp6Y-unsplash-1.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 $385M to Alternatives **Written by: ** Koncheng Moua, Director of Data Management and Strategy ![](https://dakotafunds.com/hubfs/Imported_Blog_Media/derek-liang-N61-GGQAp6Y-unsplash-1.jpg) The Orange County Employees’ Retirement System has disclosed $385 million in new alternative investments. In private equity, $40 million was committed to buyout fund, Accel-KKR Capital Partners VII. $35 million was committed to venture capital fund Insight Partners XIII. $50 million was allocated to the Eighth Cinven Fund. $20 million was committed to Greenoaks Capital Opportunities V. Four funds managed by GGV Capital. $24 million was committed to GGV IX, $6 million to GGV IX Plus, $5 million to GGV Discovery IV US, and $5 million to GGV Discovery IV Asia. In addition, value-add real estate fund, Waterton Residential Property Fund XV received a $100 million commitment. $100 million was committed to SVP Capital Solutions Fund II, a private credit fund managed by Strategic Value Partners. As of December 31, 2022, the $20 billion Retirement System has an actual and target allocation to private equity of 16.2% and 13% respectively.  The actual and target allocation to real assets was 14.1% and 12% respectively. The actual and target allocation to private credit was 3.9% and 2.5% respectively. *For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of 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 February 15, 2024 #### LACERA Commits $385M to Private Equity The Los Angeles County Employees Retirement Association has recently made up to $385 million... 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[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/texas-trs-commits-336m-to-alts) ![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" : "2024-04-04T23:32:08.832Z", "datePublished" : "2023-03-06T05:00:00.000Z", "headline" : "Orange County Commits $385M to Alternatives", "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/derek-liang-N61-GGQAp6Y-unsplash-1.jpg" ], "mainEntityOfPage" : { "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/orange-county-commits-385m-to-alternatives", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject" }, "name" : "Dakota Funds Group" } } ```