Institution: San Diego County Employees’ Retirement Association
Headquarters: San Diego, US
AUM: $14.85 billion
Allocation to alternatives: 16%
San Diego County Employees’ Retirement Association has agreed to retain Aon Hewitt Investment Consulting as its investment consultant, as mentioned during the pension’s December 2020 retirement board meeting. The extension covers the period from 1 July 2021 through 30 June 2023. Aon was granted an initial five-year contract through 30 June 2021, which can be extended five years before an RFP is required.
As illustrated below, SDCERA currently allocates 3.7 percent of its investment portfolio to private real assets, including infrastructure. As of 30 November, the value of its private real asset portfolio was approximately $551 million. Stephen Sexauer is the pension’s chief investment officer.
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