San Bernardino Invests In Alt Funds

San Bernardino County Employees’ Retirement Association has invested about $20 million to venture capital fund, Industry Ventures VI.

San Bernardino County Employees’ Retirement Association (SBCERA) has invested about $20 million to venture capital fund, Industry Ventures VI, Pensions & Investments reports. Apollo European Principal Finance Fund’s Webb VIII Co-Investment has also received a $4.8 million investment.

The association has appointed Invesco as the new general partner for the AIG Asian Real Estate Partners II fund. SBCERA has about $5.7 billion in assets under management.

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