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US pension OCERS commits $30m to Orchid Asia’s latest buyout fund
Beijing, China. Source: Li Yang/Unsplash Premium
US pension fund Orange County Employees Retirement System (OCERS) has committed $30 million to the latest investment vehicle of Chinese private equity firm Orchid Asia, according to OCERS Investment Committee meeting document.
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Orange County Employees Retirement System, Santa Ana, Calif., committed a combined $130 million to three alternative investment funds, staff of the $20.2 billion pension plan reported to the investment committee Wednesday.
OCERS committed $75 million to Hellman & Friedman Capital Partners X,…