The San Joaquin County Employees’ Retirement Association (SJCERA) provides retirement benefits to employees of San Joaquin County, California. With approximately $4 billion in total assets, SJCERA operates under California’s 1937 Act.
Investment Strategy
SJCERA maintains a diversified portfolio across public equities, fixed income, and alternatives. The alternatives program includes private equity and real estate through commingled funds. The fund focuses on established managers with strong track records and takes a disciplined approach to portfolio construction.
How to Approach
Fund managers should contact SJCERA in Stockton or engage through their consultant. The fund evaluates managers on performance, team stability, and fee competitiveness. GPs should present a clear fund overview and audited track record.
Frequently Asked Questions
What is SJCERA's alternatives allocation?
SJCERA allocates approximately 13% of its $4 billion portfolio to alternatives including private equity and real estate. The fund takes a focused approach to its alternatives program.
How does SJCERA select managers?
SJCERA works with investment consultants to evaluate managers. Selection criteria include performance track record, team quality, operational infrastructure, and competitive fees. Typical commitments range from $10 million to $30 million.
How can GPs approach SJCERA?
GPs should contact SJCERA in Stockton or their consultant. The fund evaluates managers through a structured process. The Board of Retirement approves all new commitments.
