Institution: Orange County Employees Retirement System
Headquarters: Santa Ana, United States
Allocation to alternatives: 37.94%
Orange County Employees Retirement System approved the termination of a commitment to Jamestown Premier Property Fund; the amount terminated is $68.2 million. OCERS originally made a commitment of $75 million to the fund in July 2015. OCERS and Townsend decided to issue a full redemption of the fund because the fund does not align with OCERS’ sector portfolio objective.
The US public pension has a 37.94 percent allocation to alternative investments with an 8.77 percent current allocation to private real estate.
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