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.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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