Alameda County Employees' Retirement Association

About Alameda County Employees' Retirement Association

Alameda County Employees' Retirement Association's investment portfolio is valued at $12.00 billion as of October 31, 2024, with investments in private equity, real estate, hedge funds, infrastructure, real assets, natural resources, publicly traded equities, fixed-income securities, cash, and other alternative asset classes. Its returns for the 1 year, 5 years, and 10 years were 18.90%, 8.18%, and 7.67%, compared to the benchmark return of 18.43%, 8.17%, and 7.76%. As of October 31, 2024, the private equity portfolio was valued at $1.136 billion, representing 9.5% of the total portfolio. This is an increase compared to September 30, 2024, when the private equity portfolio was valued at $1.132 billion. Investments in private equity include buyouts, diversified private equity, private equity growth expansion, and venture capital strategies. As of October 31, 2024, the fund's private equity returns for the 1 year, 5 years, and 10 years, were 6.88%, 14.12%, and 13.95%, compared to the benchmark return of 4.31%, 13.31%, and 13.31% respectively. As of October 31, 2024, the real asset was valued at $ 797.31 million. The plan's investments are governed by the executive management team, with Ms. Betty Tse serving as Chief Investment Officer. Callan Associates serves as LP Consultant (Real Estate) and NEPC serves as LP Consultant (General).