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SBCERS outlines property investment plans

Santa Barbara County Employees' Retirement System's August board meeting revealed new private real estate investments.

2024-09-06 17:25:52
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T
he Santa Barbara County Employees' Retirement System (SBCERS) recently made significant real estate commitments totaling $30 million. During its August board meeting, the organization allocated $10 million to each of three investment funds: Kayne Anderson Real Estate Partners VII, Stonepeak Real Estate Partners, and Hillwood US Industrial Club VII. This move demonstrates SBCERS' dedication to diversifying its investment portfolio and securing a strong financial future for its members.

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