Institution: Santa Barbara County Employees’ Retirement System
Headquarters: Santa Barbara, United States
AUM: $3.79 billion
Allocation to alternatives: 25.65%
Santa Barbara County Employees’ Retirement System has approved RVK as its general investment consultant at its May 2021 retirement board meeting, a contact at the pension informed Private Debt Investor.
The pension decided to forego a full RFP search process and initiate a contract review and renewal with the investment consultant. The current contract expires June 2021 and the renewal is for an additional five-year term.
As illustrated below, SBCERS currently allocates 1.91 percent of its investment portfolio to private debt. The pension’s chief executive officer is Greg Levin.
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