Orange County Employees Retirement System, Santa Ana, Calif., committed $175 million to three alternative investment funds, Robert Kinsler, spokesman for the $15.7 billion pension plan, said in an email.
OCERS officials committed $75 million each to buyout fund Thoma Bravo Fund XIII and Almanac Realty Securities Fund VIII, a value-added real estate fund managed by Almanac Realty Investors.
OCERS also committed $25 million to Accel-KKR Growth Capital Partners III, a growth-oriented technology buyout fund.
All three are new relationships.