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Dominic Brown, CEO of Kern County (Calif.) Employees’ Retirement Association (KCERA), has signed off on a $50 million commitment to TPG AG’s Essential Housing Financing Fund III, according to a recent investment document from August.

Angelo Gordon is an alternative investment firm specializing in credit and real estate strategies. In May 2023, TPG acquired Angelo Gordon in a cash and equity transaction valued at $2.7 billion, and the combined organization currently manages more than $220 billion in assets under management.