At its meeting on August 24, 2021, the Board of Retirement approved a $10 million to Summit Partners Growth Equity Fund XI, LP, as part of SamCERA’s Venture Capital portfolio within Private Equity.

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter.