Sacramento County Commits $40M to Private Credit; Extending Alternatives Consultant

The Sacramento County Employees’ Retirement System approved a commitment of $40 million to SKY Leasing Fund VI, according to materials from the June 20th board meeting. 

This is a new relationship with SKY Leasing, LLC.

Additionally, the Board is looking to extend Cliffwater’s contract for alternatives assets consultant services contract through 2026. 

As of March 31, 2024, the SCERS was valued at approximately $13.3 billion with an allocation of 5% with a target of 5%. 

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