At its meeting on May 23, 2023, the Board of Retirement selected NISA to manage a passive long duration Treasury account totaling 3% of plan assets (or approximately $177 million).

The Board also approved a $60 million investment to One Williams Street Capital Partners Fund, as part of SamCERA’s opportunistic credit portfolio within the Growth category.

Lastly, the board approved a commitment of $20 million to MGG Structured Solutions Fund II L.P., as part of SamCERA’s Debt-Related/Special Situations portfolio within Private Equity under the Growth category.

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.