San Bernardino County rains $35 mln on Waterfall’s debut PE fund

waterfall, diving,
A competitor takes part in the annual international waterfall jumping competition in Jajce, Bosnia and Herzegovina, August 5, 2017. REUTERS/Dado Ruvic
San Bernardino County Employees’ Retirement Association committed $35 million to Waterfall Asset Management’s debut private equity fund that will invest in middle-market financial services companies. It is unclear how much Waterfall’s debut Sentinel Fund is targeting. Waterfall, with $7 billion ...

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