DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Public pension

Sacramento County Employees Retirement System

Public pensionmunicipalCA
Assets
$14B
Total assets, Jun 30, 2024 derived
Funded
n/a
not filed
Private markets target
36.0%
policy Jun 30, 2025
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
CashCash2.0%reported scers.gov
Fixed IncomeFixed income16.0%reported scers.gov
Absolute ReturnHedge / diversifiers7.0%reported scers.gov
CreditPrivate credit9.0%reported scers.gov
Private EquityPrivate equity11.0%reported scers.gov
Global EquityPublic equity39.0%reported scers.gov
Liquid Real ReturnReal assets1.0%reported scers.gov
Real AssetsReal assets7.0%reported scers.gov
Real EstateReal estate8.0%reported scers.gov
Consultants and advisers
4 firms
People
2 roles
Chief investment officer
Steve Davis
Chief Investment Officer (Jun 30, 2025) scers.gov
STEVE DAVIS, Chief Investment Officer
  • Eric Stern Chief Executive OfficerExecutive director / CEO
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
57 readings
Total assets
$14B Jun 30, 2024 derived Census ASPP
$13B (2023-06) · $12B (2022-06)
Fiduciary net position
$13B Jun 30, 2024 reported Census ASPP
$12B (2023-06) · $12B (2022-06)
Long-term investments
$13B Jun 30, 2024 reported Census ASPP
$12B (2023-06) · $11B (2022-06)
Total pension liability
$1.7B Jun 30, 2024 derived Census ASPP
$2.0B (2023-06) · $1.7B (2022-06)
Discount rate
6.70% Jun 30, 2024 reported Census ASPP
6.70% (2023-06) · 6.75% (2022-06)
Participants
32,910 Jun 30, 2024 derived Census ASPP
31,803 (2023-06) · 30,815 (2022-06)
Active members
13,690 Jun 30, 2024 derived Census ASPP
13,167 (2023-06) · 12,757 (2022-06)
Beneficiaries
14,285 Jun 30, 2024 reported Census ASPP
13,934 (2023-06) · 13,635 (2022-06)
Benefits paid
$699M Jun 30, 2024 reported Census ASPP
$656M (2023-06) · $614M (2022-06)
Investment expense
$141M Jun 30, 2024 reported Census ASPP
$77.3M (2023-06) · $210M (2022-06)
What changed
1 events
  • Jun 30, 2024Assets changed
    Sacramento County Employees Retirement System total assets $12.6B -> $13.6B (+8.2%, 2023-06-30 to 2024-06-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 119314
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.