Sacramento County Commits $36M to Private Equity, Infrastructure

The Sacramento County Employees’ Retirement System (SCERS) has approved two allocations to alternatives, according to materials from the August 21st board meeting.

In private equity, SCERS committed $20M to Resurgens Technology Partners III, while in private infrastructure, $36M was allocated to Stonepeak Opportunities Fund. 

Both commitments represent new relationships for SCERS.

As of June 30, the $13.2B pension fund allocates approximately 12.4% to private equity exposures with a policy target of 11% and approximately 8.2% to real assets with a target of 7%.

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