SC
Sacramento County Employees' Retirement System
Pension fund · Founded 1941 · Sacramento, United States
Who Sacramento County Employees' Retirement System is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
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.
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, and the best-ranked are shown here.
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. 32 emerging (three funds or fewer), 45 established — across the 77 of 96 with a fund history on record.
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.
