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Sign in Sign up for a FREE subscriptionSanta Barbara County to increase real estate allocation
The $2.5 billion Santa Barbara County (Calif.) Employees’ Retirement System is planning to move its target allocation to real estate from 8 percent to 10 percent, according to a board meeting document.
The new allocation was set after an asset-allocation review by the pension fund’s investment consultant, RVK, in the September board meeting.
The pension fund reported $204 million in total real estate assets as of June 30, 2015.
