Alameda-Contra Costa Transit District Retirement System, Oakland, Calif., approved three commitments totaling $34 million, said Hugo Wildmann, retirement system manager, in an email.
The $896 million pension fund's board at its Nov. 18 meeting approved commitments of $18 million to Monroe Capital Private Credit Fund IV and $8 million each to real estate fund Alidade Capital Fund V and Alterra IOS Venture II, an industrial real estate fund managed by a joint venture of Alterra Property Group and J.P. Morgan Asset Management, Mr. Wildmann said.
As of Sept. 30, the actual allocations to real estate and private credit were 4.3% and 2.3%, respectively.
Investment consultant NEPC assisted
