San Bernardino commits $30 mln to Venezuela private markets

Nicolas Maduro, Venezuela
Venezuela's President Nicolas Maduro speaks during the kick-off event for the international trading of Petro, the cryptocurrency developed by the Venezuelan government, in Caracas, Venezuela October 1, 2018. REUTERS/Carlos Garcia Rawlins
San Bernardino County Employees’ Retirement System committed $30 million to a private equity strategy focused on acquiring assets in Venezuela. SBCERA, which has $9.97 billion in assets, committed to a new strategy managed by Gramercy, an existing manager in its ...

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