Category: Investments

At its meeting on July 27, 2021, the Board of Retirement approved a $30 million capital commitment to Angelo Gordon Credit Solutions Fund II, LP, as part of SamCERA’s growth risk-bucket within opportunistic credit (fixed income asset class).

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

At its meeting on August 24, 2021, the Board of Retirement approved a $10 million to Summit Partners Growth Equity Fund XI, LP, as part of SamCERA’s Venture Capital portfolio within Private Equity.

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

At its meeting on September 28, 2021, no board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

At its meeting on December 7, 2021, the Board of Retirement approved a $25 million commitment to Great Hill Equity Partners VIII, as part of SamCERA’s Buyout/Venture Capital portfolios within Private Equity.

The board also approved a commitment of $25 million to Tiger Infrastructure III, as part of SamCERA’s infrastructure portfolio within Private Real Assets.

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

At its meeting on October 26, 2021, no board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

At its meeting on December 8, 2020, the Board of Retirement approved a $20 million capital commitment to Endeavour Fund VIII L.P., as part of SamCERA’s private equity portfolio.

The Board then approved an additional commitment of $10 million to Blackrock Direct Lending Fund IX, as part of the private credit portion of SamCERA’s opportunistic credit portfolio.

It was also reported that SamCERA made a $15 million capital commitment to Canvas Ventures 3 L.P., as part of SamCERA’s private equity portfolio.

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

At its meeting on January 26, 2021, the Board approved a new asset allocation policy.  The changes include a 2% increase to Growth assets, a 2% reduction in Diversifying assets, and no change to the exposure to Inflation Hedge assets. 

No action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

At its meeting on October 27, 2020, the Board of Retirement approved a $25 million capital commitment to EQT Infrastructure V L.P. as part of SamCERA’s infrastructure portfolio within private real assets.

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

At its meeting on August 25, 2020, the Board of Retirement approved a $30 million capital commitment to Stockbridge Value IV Fund, L.P., as part of SamCERA’s real estate portfolio.

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

At its meeting on September 29, 2020, the Board of Retirement approved a $30 million capital commitment to Clayton, Dubilier & Rice Fund XI LP, as part of SamCERA’s private equity portfolio.

The Board also approved a re-up commitment of $35 million to White Oak Yield Spectrum Fund V, as part of SamCERA’s growth risk-bucket (fixed income asset class) within opportunistic credit.

The Board then approved an initial investment of $30 million in the CFM Systematic Global Macro strategy, as part of the diversifying risk-bucket (alternative asset class composite) within the absolute return portfolio.

Lastly, the Board approved an initial investment of $45 million in the Acadian Multi-Asset Absolute Return Strategy, as part of the diversifying risk-bucket (alternatives asset class composite) within the absolute return portfolio.

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter.