ACERA approves $40m commitment

The US public pension has backed a global infrastructure fund.

Institution: Alameda County Employees’ Retirement Association (ACERA)
Headquarters: Oakland, United States
AUM: $7.47 billion
Allocation to alternatives: 21.71%

Alameda County Employees’ Retirement Association has confirmed a commitment of $40 million to Brookfield Super-Core Infrastructure Fund (Open Ended), according to a contact at the pension.

The $7.47 billion US public pension has a 5 percent target allocation to infrastructure that currently stands at 4.77 percent.

As illustrated in the charts below, ACERA devotes 21.71 percent of its full investment portfolio to alternative assets.

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