Searches and Hires

Sacramento County commits $35 million to venture capital

Sacramento County (Calif.) Employees' Retirement System committed $35 million to Khosla Ventures VI, a venture capital fund, confirmed Steve Davis, chief investment officer.

The $9.2 billion pension fund previously committed $20 million to Khosla Ventures V and $10 million to Khosla Ventures IV.

The retirement system had an allocation of 7.1% to private equity as of Dec. 31.