SC
LP profile
Sacramento County Employees' Retirement System
Pension fund · Founded 1941 · Sacramento, United States
96
VC firms backed
$13B
AUM
~$260M
Allocated to VC (est. 2%)
01 · Background
Who Sacramento County Employees' Retirement System is.
- Historical Background
- The Sacramento County Employees' Retirement System (SCERS) was established in 1941 by the Sacramento County Board of Supervisors. It operates under the legal framework of the County Employees Retirement Law of 1937 (CERL) and the California Public Employees’ Pension Reform Act of 2013 (PEPRA). In 1986, the administration of the retirement system was officially separated from the Sacramento County Treasurer's office to create a more distinct operational entity.
- Source of Capital
- SCERS is a multi-employer public pension fund. Its capital is derived from three primary sources: contributions from its active members, contributions from participating public employers, and returns generated from its investment portfolio. Participating employers include the County of Sacramento, the Superior Court of California for the County of Sacramento, and eleven special districts.
- Allocation Strategy
- SCERS allocates capital across a diversified range of asset classes, including global equity, global fixed income, and real assets. The system's investment portfolio includes a target allocation of 16% to private markets, which is composed of private equity and private credit assets. The private equity portfolio, initiated in 1997, focuses on investments in buyout, venture capital, and special situations funds. Geographically, the private equity strategy is weighted towards North America, with smaller allocations to Europe and Asia.
02 · Fund commitments
The funds Sacramento County Employees' Retirement System backs.
Sacramento County Employees' Retirement System is a limited partner in 96 funds. 12 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
New Enterprise Associates
#8 Power Law
Khosla Ventures
#12 Power Law
CRV
#49 Power Law
BlackRock
#83 Power Law
OrbiMed
#98 Power Law
Threshold Ventures
#115 Power Law
TPG
#158 Power Law
Summit Partners
#168 Power Law
Blackstone
#240 Power Law
KKR
#251 Power Law
Trinity Ventures
#283 Power Law
Spectrum Equity
#486 Power Law
AEW Invest
Alchemy Partners
Ardian
Baring Asset Management
Carlyle Cardinal Ireland - CCI
CVC Capital Partners
DRC Savills Investment Management
EQT Group
IFM Investors
Marshall Wace
Meridiam
Metric Capital Partners
NREP
RRJ Capital
03 · Allocation
How Sacramento County Employees' Retirement System’s fund book is spread.
The 96 funds Sacramento County Employees' Retirement System backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 8083%
- Europe 1415%
- Rest of world 22%
United States 80 · United Kingdom 6 · France 2 · Australia 1
How established those managers are
Managers grouped by how many funds they have raised — across the 77 of 96 with a fund history on record.
Emerging funds · 32
Established funds · 45
16
1
5
2
11
3
7
4
8
5-6
9
7-9
9
10-14
12
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Sacramento County Employees' Retirement System by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
Citigroup Pension Plan
$9.8B AUM
38 VC funds backed
🇺🇸
Boy Scouts of America Master Pension Trust - Boy Scouts of America Retirement Plan For Employees
$1.4B AUM
10 VC funds backed
🇺🇸
Kaiser Permanente 401(k) Retirement Plan
$20B AUM
8 VC funds backed
🇺🇸
State of Wisconsin Investment Board
$156B AUM
137 VC funds backed
🇺🇸
Children's Hospital Corporation Pension Plan
$1.0B AUM
17 VC funds backed
🇺🇸
Indiana State Teachers' Retirement System
$10B AUM
26 VC funds backed
🇺🇸
Physicians' Organization at Children's Hospital Retirement Plan Group Trust
14 VC funds backed
🇺🇸
NG DB MT Alternative Investments Fund
$6.7B AUM
33 VC funds backed