San Bernardino Allocates $130M To Commodities

Jan 25 2008 | 11:44am ET

San Bernardino County this month wrapped up its search for commodities managers. The $6.4 billion Employees Retirement Association has committed a total of $130 million to internally managed commodity structured notes and two external managers.

The pension committed $50 million to the notes, $50 million to Pinnacle’s Natural Resources Fund and $30 million to Lehman/Greshman’s Enhanced Strategic Commodities Fund.

The plan decided to put 2% of its assets in commodities last year.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...