# Merced County Employees' Retirement Association

Merced County Employees' Retirement Association is a Pension Fund based in Merced, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Merced, United States
- **Region:** North America
- **Address:** 690 W. 19th Street, Merced, CA, United States
- **Assets under management:** 1.3B (Altss estimate)
- **Website:** mercedcera.com

## Regulatory record

- **Reports private funds:** No

## About

Merced County Employees' Retirement Association operates as the retirement system for county and court employees. It maintains a mission focused on benefit delivery and prudent asset management. The portfolio holds commitments to real estate vehicles such as UBS Trumbull Property Fund, Taconic CRE Dislocation Onshore Fund III and Carlyle Realty Partners IX. Infrastructure exposure includes BlackRock Global Infrastructure Fund IV and abrdn Global Sustainable Infrastructure Partners IV. Private equity and credit allocations cover Summit Partners Growth Equity Fund XII, GTCR Strategic Growth Fund II, Thoma Bravo Discover Fund V and Silver Point Specialty Credit Fund III. Allocations span North America and Europe. The association retains Meketa Investment Group as general consultant since 2019 and Cliffwater LLC for alternatives. Northern Trust acts as custodian. Staff participated in SACRS and CALAPRS events in 2024. Governance centers on a Board of Retirement with an appointed Plan Administrator who directs investment execution through external managers and consultants.

## Sectors

- Real Estate
- Infrastructure
- Private Equity
- Private Credit
- Hedge Funds

## People

- Martha Sanchez Barboa — Plan Administrator
- Corrina Brown — Chair
- Bayani Manilay — Vice Chair
- Alfonse Peterson — Secretary
- Pete Madrid — Assistant Plan Administrator - Investments

## Questions

### Who runs investment decisions at Merced County Employees' Retirement Association?

Martha Sanchez Barboa serves as Plan Administrator. Pete Madrid holds the role of Assistant Plan Administrator - Investments. The Board of Retirement, chaired by Corrina Brown, provides oversight.

### Does Merced County Employees' Retirement Association participate in fund commitments or only direct deals?

The association invests exclusively as a limited partner in commingled funds. Confirmed holdings include multiple real estate, infrastructure and private equity vehicles.

### Which asset classes receive allocations from Merced County Employees' Retirement Association?

Allocations cover real estate, infrastructure, private equity, private credit and hedge funds. Natural resources carry a target allocation of 5-6 percent.

### Who provides consulting services to Merced County Employees' Retirement Association?

Meketa Investment Group serves as general investment consultant. Cliffwater LLC acts as alternatives consultant. Cheiron provides actuarial services.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/merced-county-employees-retirement-association

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology