Alameda County Employees' Retirement Association, Oakland, Calif., made three new commitments totaling up to $82 million at its remote meeting Thursday.
The $8.7 billion pension fund's board approved commitments of up to $30 million to buyout fund Genstar Capital Partners X, up to $27 million to Strategic Value Special Situations Fund V, a special situations fund managed by Strategic Value Partners, and up to $25 million to Sustainable Asset Fund III, an infrastructure fund that invests in sustainable projects and ventures, managed by Vision Ridge Partners, a webcast of the meeting showed.
As of Sept. 30, the actual allocations to private equity and real assets were 7.5% and 4.7%, respectively.
