Santa Barbara County Employees' Retirement System

Santa Barbara County Employees' Retirement System, a $5.2 billion pension fund, committed $10 million to SDC Digital Infrastructure Opportunity Fund V managed by SDC Capital Partners. The commitment falls within the pension fund's private real return asset class. The fund also announced nearly $63 million total in new private equity, private real return, and real estate commitments. Consultants StepStone Group and Hamilton Lane disclosed the commitments in May 28 board meeting materials. Digital infrastructure developers and vendors should track SDC Capital Partners' Fund V deployment for upcoming project opportunities.