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SCERS approves $20m commitment

The US public pension has backed a North America and Asia focused fund.

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Institution: Sacramento County Employees’ Retirement System
Headquarters: Sacramento, United States
AUM: $9.51bn
Allocation to alternatives: 27.80%
Bitesize: $10-50m

Sacramento County Employees’ Retirement System announced a commitment of $20 million to New Enterprise Associates 17.

As illustrated in the charts below, the $9.51 billion US public pension has a 9.0 percent target allocation to private equity that currently stands at 9.3 percent. To date, SCERS has made a total of $85 million in commitments to private equity funds with a 2019 vintage.

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