San Mateo County Employees' Retirement Association, Redwood City, Calif., committed a total of $65 million to four alternatives funds, according to an announcement on the $5.5 billion pension fund's website.
At its meeting Monday, the board committed $20 million each to Vision Ridge Sustainable Asset Fund III, an infrastructure fund managed by Vision Ridge Partners that invests in sustainable projects and ventures; and Genstar Capital Partners X, a middle-market buyout fund.
The board also committed $15 million to Strategic Value Special Situations Fund V, a special situations fund managed by Strategic Value Partners focused on the debt and assets of middle-market companies; and $10 million to Eclipse Fund IV, a venture capital fund managed by Eclipse Ventures.
Michael Coultrip, chief investment officer, could not be immediately reached for additional information.
