The $12.8 billion Sacramento County Employees’ Retirement System has disclosed a $50 million investment in the Junto Capital Partners LP.
Junto Capital Management is a New York based hedge fund manager.
The long/short equity investment was made public in meeting a monthly investment report from the February board meeting.
As of December 31, 2023, 6.4% of total assets were allocated to absolute return strategies, while the Retirement System targets 7% to the asset class.
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