San Bernardino Makes New Investments
July 14, 2008
The San Bernardino County Employees' Retirement Association (SBCERA) recently made commitments to three new funds, said Don Pierce, investment officer with the $6 billion plan. The board approved real estate investments of $20 million each in Bryanston Real Estate Opportunity Fund II and Square Mile Partners III. Also approved was a $30 million investment in Invesco's high yield debt fund II.
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