San Bernardino pledges $40 mln to Aberdeen secondaries fund, clears pacing plan


San Bernardino County Employees’ Retirement Association, pension fund, private equity, Aberdeen Standard Investments
The California state flag. YangYin/iStock/Getty Images
San Bernardino County Employees’ Retirement Association’s investment committee committed $40 million to a PE secondaries fund managed by Aberdeen Standard Investments, while also approving a pacing plan that would commit another $500 million to the asset class in 2019. The ...

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