The Stanislau County Employees’ Retirement Association has approved a $20 million commitment to the Crestline Opportunity Fund V.
The investment will be allocated to the special situations sub asset class.
StanCERA has an 8% target allocation to private credit with 5% targeted to direct lending and 3% to special situations. As of June 30, 2023, StanCERA allocates approximately 8.2% to private credit.
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