OCERS approves $75m commitment

The US public pension has backed an infrastructure-focused fund.

Institution: Orange County Employees Retirement System
Headquarters: Santa Ana, US
AUM: $17.74 billion
Allocation to alternatives: 31.07%

Orange County Employees Retirement System has approved a $75 million commitment to Digital Colony Partners II, a contact at the pension informed Infrastructure Investor. The vehicle is managed by Colony Capital and will invest in the telecoms sector in North America, Europe and Latin America.

As illustrated below, OCERS’ infrastructure commitments have been to the telecoms, energy and renewable sectors within North America, Europe, Latin America and Asia in the last few years. The pension currently allocates 31.07 percent of its full investment portfolio to alternative investments.

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