Orange County eyes direct funds as it advances larger PE program

Jul 22, 2017; Anaheim, CA, USA; Los Angeles Angels center fielder Mike Trout (27) is congratulated by teammates after scoring in the third inning against the Boston Red Sox during a MLB baseball game at Angel Stadium of Anaheim. Mandatory Credit: Kirby Lee-USA TODAY Sports - RTX3CJKP
Orange County Employees’ Retirement System plans to invest in more direct private equity funds, rather than through fund-of-fund vehicles, according to an investment presentation obtained by Buyouts Insider (publisher of VCJ). For the past decade, Orange County’s $14.5 billion system ...

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