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OCERS approves $260m in commitments

The US public pension has backed two North America-focused funds.

Orange County Employees Retirement System committed $130 million each to BlackRock Global Renewable Power Fund II and AIA Energy North America.

The $12 billion US public pension has a 27 percent allocation to alternatives including private equity.

Platinum subscribers may click here for OCERS’ full profile, including key contacts, allocation strategy and fund investments.