Institution: Sacramento County Employees’ Retirement System
Headquarters:Â Sacramento, US
AUM:Â $12.4 billion
Allocation to private real estate: 8%
In its 2023 Year in Review and 2024 Annual Investment Plan, Sacramento County Employees’ Retirement System outlined its plan for next year. SCERS will target $120 million, making commitments to two to five non-core funds, with an average of $40 million per non-core fund. SCERS is seeing limited opportunities in core real estate funds in the short term over non-core funds.
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