San Mateo County ERA Commits $25M to Real Assets

The San Mateo County Employees’ Retirement Association (SamCERA) has disclosed a $25 million commitment to LS Power Equity Partners V.

The commitment was approved at its April 25 board meeting and will be a part of SamCERA’s Infrastructure portfolio within Private Real Assets.

As of December 31, 2022, the SamCera allocates 9.1% to real assets, with a policy target of 8%.

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