San Bernardino Beefs Up Private Equity Energy Portfolio

Jul 18 2007 | 1:01pm ET

The $6 billion San Bernardino County (Calif.) Employees Retirement Association last week approved a total of $45 million in commitments to a trio of private equity energy funds.

Blue Tip Energy’s maiden $50 million offering, Blue Tip Energy Fund; Energy Spectrum’s $500 million Energy Spectrum Fund V; and Starwood Capital Group’s targeted $400 million on their Starwood Energy Infrastructure Fund, each received a $15 million capital commitment from the system.

The system’s total allocation to p.e. and hedge funds was 7.6% and 6.3% respectively as of the end of March.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of