SCERS approves $112.5m in commitments

The US public pension has backed three North America focused funds.

Sacramento County Employees’ Retirement System revealed commitments of $50 million to Benefit Street Partners Senior Secured Opportunities Fund, $40 million to Quantum Energy Partners VII and $22.5 million to EnCap Flatrock Midstream Fund IV.

The $9.3 billion US public pension has a 9 percent target allocation to private equity that currently stands at 7.1 percent.

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