Contra Costa County Employees' Retirement Association, Concord, Calif., committed $75 million to Adams Street Venture Innovation Fund, a venture capital fund of funds managed by Adams Street Partners, said Timothy Price, chief investment officer, in an e-mail.
The $6.9 billion pension fund has made commitments to various funds managed by Adams Street Partners since 1996, most recently committing $50 million to private equity fund of funds Adams Street 2014 Global Fund.