Sacramento County (Calif.) Employees’ Retirement System committed $30 million to JFL Equity Investors VI.
The $13.3 billion pension fund disclosed the commitment to the middle-market buyout fund managed by J.F. Lehman & Co. in a monthly investment activity report included with materials for its upcoming Oct. 16 board meeting.
J.F. Lehman is a new manager for the pension fund.
As of June 30, the pension fund’s actual allocation to private equity was 11.5%; the target is 11%.
