San Mateo County Employees' Retirement Association, Redwood City, Calif., committed $10 million to Everstream Solar Infrastructure Fund I, recently released draft board meeting minutes show.
The energy infrastructure fund, which focuses primarily on solar power, is managed by EverStream Energy Capital Management.
As of Dec. 31, the $3.3 billion pension fund had a 2% target to private real assets.
Separately, the pension fund anticipates hiring an additional hedge fund manager to complement its $140 million investment in AQR Capital Management's AQR Delta Fund.
Additional details on a search, including an anticipated hiring date, could not be learned.
Michael Coultrip, chief investment officer, could not be reached for additional information by press tim