VCERA approves $50m commitment

The US public pension has backed a multi-regional focused fund.

Institution: Ventura County Employees Retirement Association
Headquarters: Ventura, United States
AUM: $5.57bn
Allocation to alternatives: 20.10%
Bitesize: $10-$50m

Ventura County Employees Retirement Association announced a commitment of $50 million to Brookfield Infrastructure Fund IV.

As illustrated in the charts below, the $5.57 billion US public pension has a 10 percent target allocation to infrastructure that currently stands at 7.8 percent. VCERA has committed a total of $150 million to infrastructure so far in 2019.

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