Board of Retirement Investment Information
2016 December Board Meeting
At its meeting on December 6, 2016, the Board of Retirement approved up to a $10 million capital commitment to ABRY Senior Equity V, and a $20 million capital commitment to Great Hill Partners VI, as part of SamCERA’s allocation to private equity.
The Board also directed staff to begin implementation of a new asset allocation policy per the recently concluded asset liability study. The new policy has a 9% reduction to growth assets, a 3% increase to diversifying assets, and a 6% increase to inflation hedge assets.
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.