Contra Costa County Employees' Retirement Association, Concord, Calif., committed $50 million to Altaris Health Partners VI.
The $11.4 billion pension fund disclosed the commitment to the health-care-focused buyout fund managed by Altaris Capital Partners in a memo from Timothy Price, chief investment officer, included with materials for its upcoming Aug. 23 board meeting.
There is no record of any previous commitments to Altaris Capital Partners by the pension fund.
Private equity commitments fall within the pension fund's growth asset class, which had an actual allocation of 77.2% as of March 31. Its target is 75.5%.
Mr. Price could not be immediately reached for further information.