At its meeting on August 27, 2024, the Board of Retirement approved a $60 million commitment to GoldenTree Asset Management Master Fund Select Strategy, as part of SamCERA’s opportunistic credit portfolio within the Growth category.

The Board also approved a $20 million re-up commitment to Summit Partners Growth Equity Fund XII L.P., as part of SamCERA’s Venture Capital 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.