SCERS has sold five of its six remaining separate account assets to for $252.15m. : Sacramento County Employees’ Retirement System (SCERS) has sold most of its real estate separate accounts assets as planned and reinvested the capital into open-ended core US property funds managed by Clarion Partners and Brookfield Asset Management. Last year, IPE Real Assets reported that SCERS was planning to sell its remaining separate account real estate assets in exchange for a stake in a core, diversified fund.