Contra Costa County Employees' Retirement Association, Concord, Calif., committed $50 million to GTCR Fund XIII.
The $9.5 billion pension fund disclosed the commitment to the upper-middle-market buyout fund managed by GTCR in a memo from Chief Investment Officer Timothy Price included in Nov. 18 board meeting materials.
As of Sept. 30, the actual allocation to private equity was 10.9%.
Mr. Price and Gail Strohl, CEO, could not be immediately reached for further information.
