Sacramento County Commits $40M to Private Equity

The Sacramento County Employees’ Retirement System (SCERS) approved a $40M commitment to Quantum Energy Partners VIII at its September 18 board meeting, according to recently published minutes.

The investment is the latest in a series of commitments by SCERS to alternatives, following on the heels of a $36M investment to private equity and infrastructure in August, and bringing YTD 2024 alternatives commitments to over $200M, according to Dakota data.

The latest investment is managed by Quantum Energy Partners and is a middle-market buyout strategy within private equity focusing on energy and power. The allocation to the closed-end fund brings the total Quantum Energy Partners VIII fund size to $4.25B.

According to Dakota data, SCERS has a market value of $13.3B.

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