Sacramento County approves $60m in commitments

The US public pension has backed a growth and a debt fund.

Sacramento County Employees’ Retirement System has approved a $35 million commitment to Davidson Kempner Long-Term Distressed Opportunities Fund IV and a $25 million commitment to Spectrum Equity Fund VIII.

The $9 billion US public pension has a 9 percent target allocation to private equity that currently stands at 7.2 percent.

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