Fairfax Educational Commits $13M to Private Equity, Real Estate

The Fairfax County Educational Employees’ Supplementary Retirement System approved two commitments to private equity and real estate totaling $13.75 million, according to materials from the May 17th Board of Trustees meeting. 

In private equity, $5 million was allocated to SK Capital Partners VI. 

And in real estate, $8.75 million was allocated to Sterling Value Add Partners IV. 

Both of these commitments represent existing relationships for the fund. 

As of April 30, 2024, the $3.1 billion pension fund allocates approximately 10.7% to private equity with a target of 7%, and 8.7% to real estate with a target of 7%.

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