Kern County Employees' Retirement Association, Bakersfield, Calif., committed $30 million to Brighton Park Capital Fund I.
The $4.5 billion pension fund's board approved the commitment to the software and technology service-focused private equity fund at its meeting Wednesday, said Daryn Miller, chief investment officer, in an email.
As of July 31, KCERA's actual allocation to private equity was 1.2%; the target is 5%.
Private markets consultant Cambridge Associates assisted.
