At its meeting on April 26, 2022, the Board of Retirement
approved an initial investment of 1.5% of plan assets (or
approximately $90 million) to a cashflow matching investment
mandate with Insight Investment, to be placed in SamCERA’s Fixed
Income/Liquidity asset class.
The Board also approved a $60 million commitment to KKR
Diversified Core Infrastructure Fund, LP, 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.