San Bernardino CERA commits $100m

The San Bernardino County Employees’ Retirement Association (SBCERA) accepted an Investment Committee recommendation to commit $100 million to the York Structured Credit Opportunities Fund at its December 12 meeting, Communications Officer Adam Sands confirmed in an email.

The commitment is subject to the negotiation of fund documents and will go before the full Board of Retirement for a vote at its next meeting on January 4.

The $9.2 billion US public pension has a 31 percent allocation to alternatives.

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