FUNDRAISING NEWS | January 09, 2025
The Sacramento County Employees’ Retirement System (SCERS) made a $100M re-up allocation split between two funds in direct lending private credit and opportunistic real estate.
The California pension disclosed in a December 2024 investment activity report that it committed $50M each to OrbiMed Royalty & Credit Opportunities V and Sculptor Real Estate Fund V. Per Dakota data, Sacramento County previously invested in the fourth iteration of the OrbiMed fund in 2022 and the Sculptor fund in 2020.
SCERS oversees approximately $13.3B in total plan assets, as of the latest data from Dakota Marketplace.
