LP Tearsheet

SamCERA approves $70m in PE commitments

The public pension fund approved several new commitments in its March 28 board meeting.

-

Institution: San Mateo County Employees’ Retirement Association
Headquarters: Redwood Shores, California, US
AUM: $5.9 billion
Allocation to private equity: 6.4%

San Mateo County Employees’ Retirement Association approved several new commitments to private equity funds during their March 28 board meeting. This includes $10 million to Eclipse Fund V; $30 million to Clayton, Dubilier & Rice Fund XII; and $30 million to Stockbridge Value Fund V. As of February 28th, SamCERA allocates 20 percent of their investments to alternatives.

Platinum Subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.Â