Sacramento County (Calif.) Employees' Retirement System earmarked €64 million ($71 million) for two investment funds, confirmed Steve Davis, chief investment officer, for the $10.2 billion pension fund.
At its meeting Wednesday, the board approved commitments of €32 million each to NREP Nordic Strategies Fund IV, a value-added real estate fund; and to MCP Private Capital Fund IV, an opportunistic credit fund managed by Metric Capital Partners.