LP profile · Pension fund
Sacramento County Employees' Retirement System
Sacramento County Employees' Retirement System is a pension fund headquartered in United States (North America). Ranked #179 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
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.
Major Events
- No information available.
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.
Sources
- https://www.scers.gov/
- https://www.scers.gov/system
- https://www.scers.gov/investments
- https://www.scers.gov/private-equity
- https://sacrs.org/Portals/36/assets/File/Trustee+Handbook/Section+3+-+History+of+SACRS.pdf?ver=2017-04-20-174421-963
- https://www.scers.gov/member-handbooks
- https://saccountyretirees.com/SCERS