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Ventura County Employees puts $35 million toward co-investment fund


Ventura County Employees puts $35 million toward co-investment fund
Ventura County (Calif.) Employees Retirement Association committed $35 million to HarbourVest Partners Co-Investment Fund VI.
The $7.1 billion pension fund s board approved the commitment to the private equity co-investment fund managed by
HarbourVest Partners at its meeting Monday, said Dan Gallagher, chief investment officer, in an email.
VCERA previously committed $35 million to HarbourVest Partners Co-Investment Fund V in 2018 and $30 million to HarbourVest Partners Co-Investment Fund IV in 2017.
As of March 31, the actual allocation to private equity was 11.8%; the target is 15%.
Investment consultant NEPC assisted. ....

Dan Gallagher , Harbourvest Partners Co , Ventura County Calif Employee Retirement Association , Investment Fund , Ventura County , Employee Retirement Association , Harbourvest Partners Co Investment Fund , Harbourvest Partners , டான் கல்லாகர் , வென்ச்சுரா கவுண்டி கலிஃப் ஊழியர் ஓய்வு சங்கம் , முதலீடு நிதி , வென்ச்சுரா கவுண்டி , ஊழியர் ஓய்வு சங்கம் ,

Ventura County Employees adjusts target allocations after asset-liability study


Ventura County Employees adjusts target allocations after asset-liability study
An editorial stock photo of the Ventura welcome sign in Ventura, California.
Ventura County (Calif.) Employees Retirement Association increased its targets to domestic large-cap equities, private debt and private equity, and lowered targets to absolute-return fixed income and U.S. Treasuries following an asset-liability study.
The $7.1 billion pension fund s board approved the new targets at its meeting Monday, CIO Dan Gallagher said in an email.
The board increased targets to domestic large-cap equities to 23% from 22%, private equity to 16% from 15%, and private debt to 6% from 5%, and lowered the targets to absolute-return fixed income to 5% from 6% and U.S. Treasuries to 2% from 4%. ....

Dan Gallagher , Ventura County Calif Employee Retirement Association , Ventura County , Employee Retirement Association , Abbott Secondary Opportunities , Abbott Capital , டான் கல்லாகர் , வென்ச்சுரா கவுண்டி கலிஃப் ஊழியர் ஓய்வு சங்கம் , வென்ச்சுரா கவுண்டி , ஊழியர் ஓய்வு சங்கம் , அப்போட் மூலதனம் ,