Sacramento lays out $1bn-plus pacing plan
The Board of Retirement of the $13.3 billion Sacramento County Employees’ Retirement System (SCERS) accepted its staff and investment consultants’ 2021 Investment Year in Review and 2022 Annual Investment Plan Report at its Feb. 16 meeting and approved the recommended annual investment pacing plans for absolute return, private equity, private credit, real assets and real estate asset classes -- totaling $1.1 billion.
SCERS’ 2022 asset allocation initiatives are a continuation of a process begun in late 2021 that involved the system’s implementation of structural changes to asset classes, rebalancing activity, and manager searches within public . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.
Monthly subscriptions and discounted corporate plans for up to 100 members also available.
