The Sacramento County Employees Retirement System (SCERS) has committed $50 million to Wolff Credit Partners IV, a closed-end, value-added strategy of The Wolff Co.
Wolff Credit Partners IV invests in multifamily debt in the United States. A fundraising goal has not been disclosed. In early 2026, The Los Angeles Fire and Police Pensions committed $75 million to this fund.
The fund’s predecessor, Wolff Credit Partners III, raised $510 million in equity.
SCERS, a public pension fund, had $15.5 billion in total assets under management, as of Sept. 30. As of then, it had an 8 percent real estate allocation target with $1.2 billion in total real estate assets. According to Ask IRE.IQ, the market intelligence tool of Institutional Real Estate, Inc., SCERS’ real estate allocations have dropped in recent years, but the declining target percentage is largely a function of th
