Sacramento County (Calif.) Employees’ Retirement System committed $40 million to Quantum Energy Partners VIII.
The $13.3 billion pension fund disclosed the commitment to the oil and gas fund managed by Quantum Capital Group in materials for its upcoming Sept. 18 board meeting.
The pension fund previously committed $40 million to Quantum Energy Partners VII in 2018.
As of June 30, the pension fund’s actual allocation to private real assets was 7.2%; the target is 7%.