Ventura hands Arbor Lane $30m
Moving quickly on its decision in late September to increase the Ventura County Employees’ Retirement Association's (VCERA) allocation to diversified private credit strategies, the $7.9 billion system's board recently approved a $30 million investment commitment to Arbour Lane Credit Opportunity Fund III, bringing the system’s total private credit commitment year to date to $190 million and exceeding the system’s $180 million target.
The Arbour Lane fund will provide diversified U.S. middle-market exposure with a focus on stressed and distressed credit opportunities at the top of the capital structure, primarily within . . .
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