SAMCERA approves $25m commitment

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

Institution: San Mateo County Employees’ Retirement Association
Headquarters: Redwood Shores, United States
AUM: $4.25bn
Allocation to alternatives: 16.9%

San Mateo County Employees’ Retirement Association announced a commitment of $25 million to Taurus Mining Finance Fund II.

As illustrated in the charts below, the $4.25 billion a US public pension has 16.9 percent allocation to alternative investments, of which infrastructure currently stands at 1.6 percent. This is SAMCERA’s first commitment for 2019.

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