Contra Costa County Employees' Retirement Association, Concord, Calif., on Wednesday committed $50 million to the Siguler Guff Secondary Opportunities Fund, said Chief Investment Officer Timothy Price in an e-mail.
Mr. Price said the board of the $7.7 billion fund followed a staff recommendation to commit to the fund, which focuses on secondary interests in distressed/special situation private equity.
The pension fund has about 8% of total assets in private equity.