Institutional Investors Mergers & Acquisitions / Joint Ventures

San Bernardino completes promising study for managed account platform

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San Bernardino County Employees' Retirement Association finished its feasibility study on the creation of an investment management platform across its expanding investment portfolio.

According to Tim Barrett, executive director and chief investment officer of the $6 billion retirement fund, the study went well and the board will make its decision in the next few months. The plan is to build out, over the next few years, different business lines dependent on the portfolio type such as defined contribution, VEBA trust and healthcare-related liabilities portfolio. A platform may be a way