Placement Agent Policy

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The purpose of this policy regarding Placement Agent activities by Sacramento County
Employees’ Retirement System (“SCERS”) Investment Managers (‘Placement Agent
Policy’) is to enhance the transparency of the investment decision-making process by
requiring broad, timely and updated disclosure of the existence of any relationships
between SCERS’ investment managers and individuals or entities serving as a
compensated representative of the investment manager for the purpose of securing an
investment by SCERS (‘Placement Agents’). 

Placement Agent Policy