San Joaquin Commits $62.5M to Private Credit

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

The San Joaquin County Employees’ Retirement Association (SJCERA) has disclosed a $62.5 million commitment to Silver Rock Tactical Allocation Strategy Vintage 2022 Fund.

According to meeting materials from the April board meeting, the investment was approved on December 9, 2022.

As of December 31, 2022, SJCERA has an actual and target allocation to the Stabilized Growth asset class of 31.5% and 33% respectively.

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