Orange County Employees allocates $525 million to 4 funds
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Orange County Employees Retirement System, Santa Ana, Calif., invested or committed $525 million to four funds, according to a report to the board of the $19.3 billion pension plan.
OCERS invested $200 million each to an international value equity fund, Artisan International Value Fund, managed by
Artisan Partners and an international equity growth fund, GQG Partners International Equity Fund, managed by
GQG Partners. OCERS made the investments to build out its international equity portfolio as a result of a new asset allocation adopted by the board in April that increased the pension plan s global equity target to 47% from 35%, with 25% to U.S. equities, 13% to international developed equity and 9% to emerging markets equity.