At the December 12 board meeting, Stanislaus County Employees’ Retirement Association approved a $20 million commitment to the Carlyle Renewable and Sustainable Energy Fund II, a real assets fund.
The general consultant, NEPC, assisted with the commitment.
As of October 31, 2023 the $2.6 billion Retirement Association has a 7.7% current allocation to infrastructure assets and a 7.5% target allocation.
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