Alameda County Employees' Retirement Association (ACERA)

The Alameda County Employees’ Retirement Association (ACERA) is the retirement pension plan for public employees in Alameda County, California who work for Alameda County and other agencies

Country

United States

AUM

$13

Performance (%, 1YR)

11.03

Chief Executive

Dave Nelsen

Chief Investment Officer

Betty Tse

Chair

Kellie Simon

Asset allocation

52.7% Public Equity

11.5% Safe Haven Fixed Income

3.9% Risk Seeking Fixed Income

6.3% Real Estate

7.2% Private Equity

7.9% Absolute Return

6.1% Real Assets

4.3% Private Credit

0.1% Cash + Overlay

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of June 30, 2025. All information is as per the most recent annual report or other publicly available data via the fund's website

ACERA eyes global, more active approach for $6.6b equity portfolio

The $13.2 billion Alameda County Employees’ Retirement Association fund is planning a major overhaul of its equity portfolio, shifting from a passive US-focused approach to a more global, actively-managed strategy in an effort to boost returns. The shift will result in manager terminations and searches.

Fund Name	Country	AUM ($B)	Articles	More Info
Future Fund	Australia	$194	94	View Info
State of Wisconsin Investment Board (SWIB)	United States	$162	25	View Info
Federal Retirement Thrift Investment Board (TSP)	United States	$937	5	View Info

Fund Name

Country

AUM ($B)

Articles

More Info