MCERA approves $5m commitment

The US public pension has backed a North America focused fund.

Institution: Merced County Employees Retirement Association
Headquarters: Merced, United States
AUM: $859.85m
Allocation to alternatives: 17.11%
Bitesize: $5-10m

Merced County Employees Retirement Association has approved a commitment of $5 million to Tailwater Energy Fund IV.

The $859.85 billion US public pension has a 17.11% percent asset allocation to alternative investments, of which 5.56 percent is allocated to infrastructure. As illustrated in the charts below, Merced County Employees Retirement Association has committed $15 million to infrastructure funds so far in 2019.

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