21 more managers, 127 more commitments and 129 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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San Bernardino County Employees Retirement System
Public pension, based in California, reporting $16B in assets, for 50,060 participants.
Composed from this allocator's classification, location and filed figures.
- Assets
- $16B
- Private allocation
- 29.0%
- Fund commitments
- 130
- Managers
- 21
What matters now
- 1re-up prospects
1 re-up prospect was flagged in the last twelve months: a manager it backed raising a successor fund.
Managers it already backs are raising again; a re-up decision is coming.
Capital path
who backs this record, through what, into what; each name opens its own path- Donald PierceChief Investment Officer
- Marc BraccoBoard Chair
- Debby CherneyChief Executive Officer
- Pathway Private Equity Fund VII, L.P.$905M committed
- European Strategic Partners 2004 B$242M committed
- Adams Street SBCERA 2$160M committed
- Pathway Capital Management, LP$905M across 1 commitment
- Industry Ventures$663M across 17 commitments
- Patria Capital Partners LLP$323M across 4 commitments
Size, funding, policy and commitments, with their basesPublic pensionShowHide
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Short-Term Cash Investment Funds | Cash | 2.0% | 0% to 10% | -1.7% | -3.7 | reported sbcera.org |
| Domestic Fixed Income | Fixed income | 15.0% | 10% to 20% | 16.7% | +1.7 | reported sbcera.org |
| Global Fixed Income | Fixed income | 17.0% | 11% to 21% | 20.6% | +3.6 | reported sbcera.org |
| Absolute Return | Hedge / diversifiers | 7.0% | 0% to 12% | 15.8% | +8.8 | reported sbcera.org |
| Infrastructure | Infrastructure | 2.0% | 0% to 6% | 1.1% | -0.9 | reported sbcera.org |
| Commodities | Natural resources | 4.0% | -1% to 7% | 4.3% | +0.3 | reported sbcera.org |
| Private Equity | Private equity | 18.0% | 6% to 23% | 19.4% | +1.4 | reported sbcera.org |
| Domestic Equity | Public equity | 17.0% | 10% to 27% | 12.0% | -5.0 | reported sbcera.org |
| International Equity | Public equity | 13.0% | 8% to 18% | 8.1% | -4.9 | reported sbcera.org |
| Real Estate | Real estate | 5.0% | 0% to 10% | 3.7% | -1.3 | reported sbcera.org |
- Segal Consulting Actuarythrough Jun 30, 2025 ACFR
- Marc Bracco Board ChairBoard chair
- Debby Cherney Chief Executive OfficerExecutive director / CEO
- Pathway Capital Management, LP$905M, 1 row, latest Dec 31, 2025
- Industry Ventures$663M, 17 rows, latest Dec 31, 2025
- Patria Capital Partners LLP$323M, 4 rows, latest Dec 31, 2025
+21 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $249/month unless canceled.
- Sep 24, 2026Re-up prospectreport dateinferenceSan Bernardino County Employees Retirement System holds Lexington Capital Partners VII Offshore, L.P. ($25M); the manager is raising: Lexington Capital Partners XI, L.P. (fundraising, seen 2026-09-24); no commitment to it on the graph; 3 fund(s) of the series between them not held eitherwith Lexington Partnersno URL
- Dec 31, 2025Commitment disclosedreport dateSan Bernardino County Employees Retirement System reports Apollo PCPL Webb VIII: $4M committed (as of 2025-12-31)
- Dec 31, 2025Commitment disclosedreport dateSan Bernardino County Employees Retirement System reports Bryanston Retail Opportunity Fund, L.P.: $20M committed (as of 2025-12-31)
- Dec 31, 2025Commitment disclosedreport dateSan Bernardino County Employees Retirement System reports PRISA III Fund, L.P.: $100M committed (as of 2025-12-31)
- Dec 31, 2025Commitment disclosedreport dateSan Bernardino County Employees Retirement System reports Kayne SBCERA (D.I.): $45M committed (as of 2025-12-31)
+129 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $249/month unless canceled.
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2025 | Partners Group MCA | unresolved | n/a | $1.5B | 2004 | Disclosed holding | sbcera.org |
| as of Dec 31, 2025 | Pathway Private Equity Fund VII, L.P. | Pathway Capital Management, LP | n/a | $905M | 2004 | Disclosed holding | sbcera.org |
| as of Dec 31, 2025 | Pathway SBCERA MCA | unresolved | n/a | $350M | 2014 | Disclosed holding | sbcera.org |
+127 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
Includes 3 days of DFX Intelligence. Then $249/month unless canceled.
Provenance
Not yet on record: funded ratio.
San Bernardino County Employees Retirement System sits on 116 traced paths of capital across the graphs.
DFX traced 116 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $299/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
- Re up prospect2026-09-24
- Re up prospect2024-07-31
- Commitment disclosed2025-12-31source
+131 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $249/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+79 connections on the graph
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