Searches and Hires

San Mateo County slates $20 million for Sycamore Partners

San Mateo County Employees' Retirement Association, Redwood City, Calif., committed $20 million to Sycamore Partners III, said an announcement on the $4 billion pension fund's website.

The private equity fund invests in turnaround situations in retail and consumer companies. The action was approved at a special board meeting Monday.

Michael Coultrip, chief investment officer, could not immediately be reached for additional information.