Pantheon receives $25m commitment from VCERA

The Ventura-based public pension has backed a secondaries fund managed by Pantheon.

Institution: Ventura County Employees Retirement Association
Headquarters: Ventura, United States
AUM: $6.15bn
Allocation to alternatives: 23.20%
Bitesize: $10-$50m

Ventura County Employees Retirement Association approved a $25 million commitment to Pantheon Global Secondary Fund VI at its recent meeting, a contact at the pension informed Secondaries Investor.

VCERA previously committed $50 million to Pantheon Global Secondary Fund V in 2014 and $15 million to Pantheon Global Secondary Fund IV in 2010.

As illustrated in the charts below, this is VCERA’s second commitment to a secondaries fund in Q1 2020.

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