FUNDRAISING NEWS | December 04, 2023
The Sacramento County Employees’ Retirement System reviewed their 2024 investment plan at the recent November board meeting.
The highlights from the investment plan for 2024 include:
o Target 1 Fund; $50 million per fund
o Hedge Fund education
o Evaluate potential additions of new strategies to bring the portfolio in line with the 7% target allocation
o Target $160 million across 4 funds; $40 million per fund
o Follow-on investments
o Niche and specialty lending/leasing strategies
o Hard collateral based or intellectual property-based lending
o Pan-Asia direct lending
o Target $250 million across 8 fund; $35 million per fund
o Follow-on investments
o Focus on buyout managers
o Consideration of venture capital exposure
o Target $180 million across 4 funds; $45 million per fund
o Small-midsized infrastructure
o Developing and Emerging Market infrastructure
o Agriculture and strategies across the food value chain
o Aviation and transportation
o Environmentally driven strategies
o Target $120 million across 3 non-core funds; $40 million per fund
o Limited opportunities in core over the short term
o Specialty/niche property types
o Europe and Asia core/core plus and value add strategies
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!
Helen Bascom is a Marketing Associate at Dakota.
