The Ventura County Employees’ Retirement Association has made a $75 million commitment to LaSalle Value Partners US IX.
The value-add real estate fund recommendation comes out of the $7.2 billion retirement system’s March 27 board meeting.
Also discussed in the meeting were the 2023 commitment targets for private equity and private credit.
For private equity, Abbott Capital recommended targeting $235 million.
For private credit, NEPC recommends a target of $225 million.
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