Sacramento County approves $35m commitment

The US public pension has backed a distressed debt fund.

Sacramento County Employees’ Retirement System has approved a $35 million commitment to Davidson Kempner Long-Term Distressed Opportunities Fund IV.

The $9 billion US public pension has a 4 percent target allocation to private debt that currently stands at 2.7 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.