Strategies
Tulare County Employees’ Retirement Association [California]
Concluding that its domestic fixed-income investments were no longer going to support its return target of 8 percent, the Tulare County Employees’ Retirement Association reexamined its asset allocation strategy last year. Thanks to that study, the $780 million public defined benefit plan for employees of this central California county that is home to Sequoia National Forest made its first foray into both hedge funds and private equity.
