SCERS approves $30m commitment

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

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 has committed $30 million to Accel-KKR Capital Partners VI.

The $9.51 billion US public pension has a 9.0 percent target allocation to private equity that currently stands at 9.3 percent.

As illustrated in the charts below, the fund has made two commitments to private equity funds with a 2019 vintage, which combined constitute $65 million.

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