Sacramento County (Calif.) Employees' Retirement System disclosed two new private equity commitments totaling $65 million in a January transaction report included with the pension fund's upcoming Feb. 15 board meeting materials.
The $11.9 billion pension fund committed $35 million to buyout fund Accel-KKR Capital Partners VII and $30 million to venture capital fund Khosla Ventures VIII, according to the report.
As of Dec. 31, the actual allocation to private equity was 10.4%; the target is 11%.