At its meeting on June 4, 2024, the Board of Retirement approved a $35 million commitment to Beach Point Capital Real Estate Debt Fund, L.P., as part of SamCERA’s debt portfolio within Real Estate under the Inflation Hedge category.

The Board also approved a $25 million re-up commitment to Quantum Energy Partners VIII, L.P., as part of SamCERA’s Natural Resources portfolio within Private Real Assets under the Inflation Hedge 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.