1 more adviser, 30 more managers, 101 more commitments and 106 more dated events

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Ventura County Employees Retirement Association

Public pensionmunicipal· California

Public pension, based in California, reporting $8.3B in assets, for 22,527 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$8.3B
Private allocation
42.0%
Fund commitments
104
Open searchesPlans backing its top managerSimilar plans, same strategy
More
Commitments (104)Allocation policyConsultants
As of · the latest dated event for this allocator; each figure carries its own filing or report date

What may matter next

A pattern DFX replayed against history, using only what was known on each date, points at this record. The rate belongs to the pattern, not to this entity; what already happened is below.

V•••••• C••••• E•••••••• R••••••••• A•••••••••Emerging

Early indicator, not yet measured: commits to the successor fund.

No rate is claimed. Not a forecast.

Window 2026-09-25 to 2027-09-25, as of 2026-09-25

Estimate past commitments to this series: $60.0M to $75.0M

Confidence: signal low, timing low, outcome low, identity high, magnitude moderate.

  • DerivedV•••••• C••••• E•••••••• R••••••••• A••••••••• h•••• A•••• S••••• 2••• G••••• F••• a•• t•• m•••••••• n••• f••• i• t••• s•••••• A•••• S••••• 2••• G••••• F••• L•• i• o••• •••••••••
  • DerivedN• c••••••••• t• t•• n•• f••• a•••••• o• t•• p••••• f•••••• y•••

Decision maker identified; on file: LinkedIn.

How the pattern measured, and every other entity on it: re-up prospects.
V•••••• C••••• E•••••••• R••••••••• A•••••••••Emerging

Early indicator, not yet measured: commits to the successor fund.

No rate is claimed. Not a forecast.

Window 2026-09-25 to 2027-09-25, as of 2026-09-25

Estimate past commitments to this series: $10.0M to $15.0M

Confidence: signal low, timing low, outcome low, identity high, magnitude moderate.

  • DerivedV•••••• C••••• E•••••••• R••••••••• A••••••••• h•••• C•• X• a•• t•• m•••••••• n••• f••• i• t••• s•••••• C•• X••••• L•• i• o••• ••••• c•••••••
  • DerivedN• c••••••••• t• t•• n•• f••• a•••••• o• t•• p••••• f•••••• y•••

Decision maker identified; on file: LinkedIn.

How the pattern measured, and every other entity on it: re-up prospects.
V•••••• C••••• E•••••••• R••••••••• A•••••••••Emerging

Early indicator, not yet measured: commits to the successor fund.

No rate is claimed. Not a forecast.

Window 2026-09-25 to 2027-09-25, as of 2026-09-25

Estimate past commitments to this series: $10.0M

Confidence: signal moderate, timing low, outcome moderate, identity high, magnitude moderate.

  • DerivedV•••••• C••••• E•••••••• R••••••••• A••••••••• h•••• O•• H•••• P••••••• V• a•• t•• m•••••••• n••• f••• i• t••• s•••••• O•• H•••• P••••••• V•• L•••• i• o••• •••••••••
  • DerivedN• c••••••••• t• t•• n•• f••• a•••••• o• t•• p••••• f•••••• y•••

Decision maker identified; on file: LinkedIn.

How the pattern measured, and every other entity on it: re-up prospects.

What matters now

  1. 3
    re-up prospects

    3 re-up prospects were flagged in the last twelve months: managers it backed raising a successor fund.

    Managers it already backs are raising again; a re-up decision is coming.

    Inferencea successor fund observed for a manager the plan backsRe-up prospects →

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
Ventura County Employees Retirement Association
Funds committed to
All 77
Managers
All 33
Size, funding, policy and commitments, with their basesPublic pensionShow
Public pension
Assets
$8.3B
Total assets, Jun 30, 2024 derived
Funded
not on record
not filed
Private markets target
42.0%
policy Jun 30, 2025
Commitments
104
2 dated closings
Allocation policy
ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Cash and EquivalentsCash0.0%0.7%+0.7reported content.vcera.org
U.S. Fixed IncomeFixed income10.0%9.6%-0.4reported content.vcera.org
Private CreditPrivate credit10.0%8.0%-2.0reported content.vcera.org
Private EquityPrivate equity18.0%18.5%+0.5reported content.vcera.org
Global EquityPublic equity9.0%10.0%+1.0reported content.vcera.org
Non-U.S. EquityPublic equity13.0%14.1%+1.1reported content.vcera.org
U.S. EquityPublic equity26.0%28.2%+2.2reported content.vcera.org
Real AssetsReal assets6.0%5.3%-0.7reported content.vcera.org
Real EstateReal estate8.0%5.6%-2.4reported content.vcera.org
Policy periods on the tape: Jun 30, 2025 (ACFR), Jun 30, 2024 (ACFR). Target changes between periods are on the what changed list.
Consultants and advisers
4 firms

+1 more consultant or adviser advise this allocator

Every name, record and relationship behind this count, with the source on each.

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People
1 role
  • Amy Herron Retirement AdministratorExecutive director / CEO
Manager roster
33 managers on the commitment tape
From the plan’s own commitment disclosures

+30 more managers received commitments

Every name, record and relationship behind this count, with the source on each.

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What changed
111 events
  • Sep 24, 2026Re-up prospectreport dateinference
    Ventura County Employees Retirement Association holds Drive Capital Fund IV ($10M); the manager is raising: Drive Capital Fund V, L.P. (fundraising, seen 2026-09-24); no commitment to it on the graph
    with Drive Capital LLCno URL
  • Sep 14, 2026Re-up prospectreport dateinference
    Ventura County Employees Retirement Association holds Oak HC/FT Partners V ($10M); the manager is raising: Oak HC/FT Partners VI, L.P. (fundraising, first ADV report 2026-09-14); no commitment to it on the graph
    with OAK Hcft Management Company LLCno URL
  • Jul 20, 2026Re-up prospectinference
    Ventura County Employees Retirement Association holds CRV XX ($11M); the manager has a newer fund open: CRV Xix-C, LP (newly closed, Form D first sale 2026-07-20); no commitment to it on the graph
    with CRV, LLCno URL
  • Dec 15, 2025re up prospect resolved
    Re-up prospect for Drive Capital Fund V, L.P.: the allocator committed (COMMITTED)
    with Drive Capital LLCno URL
  • Dec 15, 2025Commitment closed
    Ventura County Employees Retirement Association commits $8M to Drive Capital Fund V (Drive Capital LLC), closed 2025-12-15
    with Drive Capital LLCvcera.primegov.com

+106 more dated events

Every name, record and relationship behind this count, with the source on each.

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Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Commitments
104 rows, 2 dated closings
DateFundManagerBucketAmountVintageStatusSource
Dec 15, 2025Drive Capital Fund VDrive Capital LLCn/a$8.0M2026Committed (dated)vcera.primegov.com
Jul 18, 2025CRV XXCRV, LLCn/a$11.4M2025Committed (dated)vcera.primegov.com
as of Mar 31, 2025Buenaventure One, LLCunresolvedPrivate equity$326M2018Disclosed holdingcontent.vcera.org

+101 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

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Size and funding
57 readings
Total assets
$8.3B Jun 30, 2024 derived Census ASPP
$7.6B (2023-06) · $7.1B (2022-06)
Fiduciary net position
$8.3B Jun 30, 2024 reported Census ASPP
$7.6B (2023-06) · $7.0B (2022-06)
Long-term investments
$8.1B Jun 30, 2024 reported Census ASPP
$7.4B (2023-06) · $6.9B (2022-06)
Total pension liability
$312M Jun 30, 2024 reported Census ASPP
$229M (2023-06) · $438M (2022-06)
Discount rate
6.75% Jun 30, 2024 reported Census ASPP
7.00% (2023-06) · 7.00% (2022-06)
Participants
22,527 Jun 30, 2024 reported Census ASPP
21,726 (2023-06) · 20,966 (2022-06)
Active members
9,656 Jun 30, 2024 reported Census ASPP
9,384 (2023-06) · 9,077 (2022-06)
Beneficiaries
8,511 Jun 30, 2024 reported Census ASPP
8,257 (2023-06) · 8,077 (2022-06)
Benefits paid
$393M Jun 30, 2024 reported Census ASPP
$373M (2023-06) · $350M (2022-06)
Investment expense
$63.2M Jun 30, 2024 reported Census ASPP
$44.6M (2023-06) · $35.0M (2022-06)
Commitment history
2 decisions the board record started
VehicleManagerAmountStateProposedApprovedClosedFirst reportedOther LPs
Drive Capital Fund V, L.P.Drive Capital LLC$8.0Mclosed--Dec 15, 2025--
CRV Xx, LPCRV, LLC$11.4Mclosed--Jul 18, 2025--
Provenance
Identifiers: Census PID6 100646
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 25, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: funded ratio.

Capital chain

Ventura County Employees Retirement Association sits on 113 traced paths of capital across the graphs.

Allocator to PE fund to manager to company

DFX traced 113 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

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Record history

111 dated events on the change ledger, latest first
  • Re up prospect resolved
    2025-12-15
  • Re up prospect resolved
    2025-07-18
  • Re up prospect
    2026-07-20

+108 more changes on this record's ledger

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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+81 connections on the graph

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